Thursday Outlook: Commodities, Global Markets [View article]
Dave, If the feds are going to stop buying bonds, who is going to buy them? 2nd question is if our economy is to rebound, what is to be the driver? Our manufacturing has been shipped overseas. Are we to sell each other chinese made products, or just do service work for each other? I don't understand how the recession can be over. Maybe it's coming to an end and a depression is to follow?
I find it interesting that our economic crisis is frequently described as a credit crisis. "Money needs to be broke loose so more borrowing can be done". Jobs, did I say jobs is what is at the epicenter of this crisis? We don't need more borrowing. We cannot operate an economy that is 70% based on what we spend. Until manufacturing is started up again in this country, people are not going to borrow no matter how open the spigot is. Buy all the stocks you want. As a whole, the market is a loser until the people themselves are strong. Manipulations by the Wall Street crowd and Federal Reserve have got us where we are and we will not get out until the people themselves are strong, not Wall Street CEO's and the Federal reserve. These people should be in jail.
Thursday Outlook: Commodities, Global Markets [View article]
Thursday Outlook: Commodities, Global Markets [View article]
Wednesday Outlook: Commodities, Global Markets [View article]
Thursday Outlook: Commodities, Emerging Markets [View article]