Amazing Demographic Trends In The 50-And-Older Workforce [View article]
I retired in 2009 at age 67 because I could afford it and I wanted to make room for the younger generation. I am finding out that my old job is lacking in young people that do have the skill set to replace me. I was an electronic communication engineer. They are now importing technical workers to replace me. I would still be employed if I had desired to stay employed. Retirement has spoiled me and I do not think that I can handle the commuting anymore. Thank you Mr. Short for your research and it is interesting to see how many of my cohorts have opted to stay employed. It would be interesting to find out what their education levels are and why they are still out there.
Staying Ahead Of The Curve: Where The S&P 500 Goes From Here [View article]
Cerebro1, Great article but I disagree with the unemployment rate. I think you should have used the total unemployment rate. I believe that it also would have dropped but not as significantly as the reported rate. The number may show that many people have given up looking has actually increased. The final months of the year are the hardest to find work. I am optimistic about the consumer confidence is on the rise but that could be dashed if the taxes are raised by the "fiscal cliff". The housing crisis lows are behind us and it is a hope for better times ahead. I am worried about the industrial output in the future because of the slow down in Europe, Asia, and South America. I agree that S&P should go higher until the end of the year after this 8% correction. Thanks for the article and I share your love of math. Some of my teachers were excellent and some were really bad.
Why A Romney Win Could Be Bad For The Market [View article]
Venerability,
I fit into your Demographics but I do not spend like I use to spend. I do not have to buy a home anymore. I do not have to but a new car, or furnish a new home. I do not have to save for my children's future education. In other words, I am not useful to the economy anymore. I guess that is why advertisers go after the younger generation. All I do is vote for the party that is going to give me more free "stuff" or throw good money after bad "investments" like green jobs or jobs for auto companies that move production to Europe. I love it when I get taxed so that part of it comes back to me and most of it goes somewhere else. By God, I must be rich because I am still being taxed. Why do you attack Koch but not Soros. Are they not in the same boat but far apart? How do you know that young males adore Ryan? I see a lot of young males demonstrating against the Repubs. Please stop spewing trash without proof.
Why A Romney Win Could Be Bad For The Market [View article]
Zankudo,
Did Romney or Ryan say that they would repeal Medicare or S.S.? Prove it by direct quote from them and not by interpretation from talking heads. They said that it would have to be modified to save it before it ran out of money. They did say that they would limit Roe v Wade from government money. Can you prove that the Tea Party is running "pell-mell" other than from talking heads. Why are not the "Occupy" not running "pell-mell" even though they are more destructive than the Tea Party? I would also point out that you are of the lowest cast because of your use of words. "tea-baggers" ?
Why A Romney Win Could Be Bad For The Market [View article]
b8b
" Yes, Obama had the Dems his first two years,...."
It seems as if he took two years to pass Obamacare while ignoring all other problems like the economy, immigration, budgets, etc. America never did have a budget the first two years and it continued the last two years because Reid did not want to have a budget. Obama never wanted any Repub input on any of his plans that he had proposed. He told them that you have to pass my bill or I would veto any other bill. Even his last budget was rejected by his own party by a large margin. How convenient to not mention those facts when you say the Repubs are obstructing his plans.
Mr. Basenese, 1) I personally paid into SS for all of my working career. I am now retired and am collecting SS. The companies that I worked for also contributed an equal amount into SS for my benefit. Where has that money gone? It went into the general funds. It was suppose to go into a "locked box". Remember that term. Now you and congress are calling it an "entitlement". Where has all the money gone - to nowhere land. 2) I personally paid into Medicare and my companies did the same thing. Now, you are calling it an "entitlement". Again, where has all the money gone? To nowhere land. I guess congress did not promise to put into a "lock box". 3) I hate to tell you this, but I am still paying taxes even though I am retired. You make it sound like the old people stop paying taxes once they retire. That is far from the truth. I wish you would do a better research job and not listen what the CBO put out as the truth. I have to say one thing - I have been paying less taxes on my savings because a "wise" man decided to hold interest very low. It forces me to "invest" in the market but I get taxed for doing that. 4) I don't care about which party is voted in but my biggest worry is the inflation rate that will be coming down the road. That will hurt me more because my income is semi-fixed.
ECRI's Annual WLI Growth Rate At 41-Week High; SPY At Bull Market High [View article]
I am a newbie but I have an observation about the ECRI charts. I was an electronics engineer and understand oscillation in electronics. The charts clearly show the results of stimulus caused by Uncle Ben. The growth rate overshot by a wide margin after Jan-09. The overshoot was corrected by falling in Jan-10. QE2 was not as drastic but it caused another correction in Jan-11 after the market rose. It appears as if the markets are now correcting to the proper levels as per ECRI Growth Rate. I think that ECRI was correct but they used the wrong call. We are in a mild recession and have been ever since the big one. The market may have been making money but the average Joe is still suffering. I think the the trend line is not correct because it is pointing downward. The oscillations are now minimum and the line should show growth for the future. My only fear is that the tax expiration will happen.
The Constitution allowed Congress to levy taxes to raise revenue but it never envisioned taxes to control behavior. Tobin Tax would raise revenue but its main goal would be to control behavior. That is a dangerous road to travel. That is why Obama Care is dangerous because it controls behavior. It controls a person into buying a product that they may not be able to afford or do not need. I can see where Congress can control people just by raising taxes.
Archman is correct in his assessment of the decline of the American Empire. The barbarians are in the house and will destroy it from within. "Actually every single great empire in history has fallen for exactly those reasons (it's called cultural decline) plus a currency crisis, and invasion from others. Hmm, sounds like our dollar, debt, and immigration. Ah don't mind the man behind the mirror." Our education system is set up to indoctrinate and dumb down our children. The progressives have planned that for many generations. The graduates from colleges are receiving more than the degrees for their courses. They are also receiving degrees in progressivism even though they don't know it.
Scott, I love your optimism in the American way of life and that you are trying to be a good father. Happy father's day. I was lucky in that I was able to support my family on one income and that my wife was able to raise the children and counter the progressive teachings by our schools. I am a "newbe" to this site but have learned a lot from people like you and Archman. I have taken control of my 401K and have been moving my money around to suit the rise and fall of the markets. The only problem I have is the limitations of the 401K portfolio so I choose from the option they give. Thanks to SA, I saved a bundle before the crash of the housing bubble. I am slowly getting back into the market. I am looking at American companies with technology in mind. It is risky but many of the companies are solid if they can keep their research and development budgets up. They can not depend on one person to generate ideas and vision even though it helps. I have seen so many companies die because they want to save money by cutting the R&D. They also have to have a turnover in that department because young people can bring fresh ideas to the table. I believe that "progressives" want America and any other country to fail so that they can enslave the people. They would then become the rulers or the elite. "Dumbing" down the people is just part of that process.
ECRI Recession Call Update: Weekly Leading Index Declines Again [View article]
The conclusion is: we are going into a recession. Operation "twist" did delay the recession. QE3 anyone? As far as the "Yo-Yo Years"- we should start to look at the aging population. Older people tend to put their money into "safe" vehicles like money markets, etc. I have most of my money in "safe" vehicles. I was one of the few that took ECRI's call for a recession and moved my investment to money. Operation twist caused me to miss out on the last rally. I have moved a small amount back into the market by buying on the lows. If the market goes down another 10%, then I will move another small amount into the market.
It's Time To Bring Out The Howitzers [View article]
Great article John! Unemployment will continue to be a problem because our government is using the wrong approach to boost employment. They spent money to try to stimulate the economy which puts us farther into debt. They want to tax us more to continue this stupid idea. They should reduce the taxes on job creators with investments in the states. It should not apply to multinational corporations. The government should invest in re-training programs or tax breaks for companies that do re-train programs because many of the unemployed do not fit the current needs. I was part of a program sponsored by the Bureau of Indians. It trained natives in electronics which had a need in the technology industry at the time. I used that education to advance to an engineer in component failure analysis. The idea is that my taxes through the years has repaid that investment plus I was a productive member of society. The program of "send a man to the moon" spurred the economy in investments, technology, taxes, and employment. It did not favor any industry because all benefited all. Government investing is like feeding a bear and hope it will behave like your dog. I agree with THE_AMERICAN that we are killing our system by allowing multinational companies manufacture overseas so that they can make more profits. Our technology is being stolen and being used against us. They are also advancing the technology faster than we are because their schools are better than ours. Our schools are now in the business of "brainwashing" our children and not teaching science and math.
Europe is going to be the tipping point for our next recession. They have no idea what is causing their problem therefore how are they going to fix the problem. They are just kicking the can down the road like the United States. I still have my hopes that Americans will realize that its still the economy stupid when they vote.
U.S. Sovereign Debt: Pulling Down GDP [View article]
Thank you SCM. I thought there may also be positive multipliers. I am a novice learning all I can from SA. I went all cash just before the start of the last recession because of this site. I was warning my friends to get out but they did not listen. They lost 40 to 50 % of their retirement investments.
Is The Market Predicting The Next Crisis? [View article]
Great article. As the saying in Alaska goes: You can see the bottom of the muddy Yukon river better on the other side when you get there. The market technicals are pointing another recession. I have also moved to cash and will wait out the fall. Many have pointed to the European banks, China problems, and the emerging markets. It seems that the belt tightening is happening everywhere. Who are the stock market companies selling to in order to keep earnings rising? The present slide in the market may have a "sucker rally" as Mr. Roberts has stated. I agree with DD in that I will deploy my cash next year when the muddy water clears on the other side.
Amazing Demographic Trends In The 50-And-Older Workforce [View article]
Staying Ahead Of The Curve: Where The S&P 500 Goes From Here [View article]
Great article but I disagree with the unemployment rate. I think you should have used the total unemployment rate. I believe that it also would have dropped but not as significantly as the reported rate. The number may show that many people have given up looking has actually increased. The final months of the year are the hardest to find work.
I am optimistic about the consumer confidence is on the rise but that could be dashed if the taxes are raised by the "fiscal cliff". The housing crisis lows are behind us and it is a hope for better times ahead. I am worried about the industrial output in the future because of the slow down in Europe, Asia, and South America.
I agree that S&P should go higher until the end of the year after this 8% correction.
Thanks for the article and I share your love of math. Some of my teachers were excellent and some were really bad.
Why A Romney Win Could Be Bad For The Market [View article]
I fit into your Demographics but I do not spend like I use to spend. I do not have to buy a home anymore. I do not have to but a new car, or furnish a new home. I do not have to save for my children's future education. In other words, I am not useful to the economy anymore. I guess that is why advertisers go after the younger generation. All I do is vote for the party that is going to give me more free "stuff" or throw good money after bad "investments" like green jobs or jobs for auto companies that move production to Europe. I love it when I get taxed so that part of it comes back to me and most of it goes somewhere else. By God, I must be rich because I am still being taxed.
Why do you attack Koch but not Soros. Are they not in the same boat but far apart? How do you know that young males adore Ryan? I see a lot of young males demonstrating against the Repubs. Please stop spewing trash without proof.
Why A Romney Win Could Be Bad For The Market [View article]
The stock market is not the economy. What is GDP? What is employment?
Why A Romney Win Could Be Bad For The Market [View article]
Did Romney or Ryan say that they would repeal Medicare or S.S.? Prove it by direct quote from them and not by interpretation from talking heads. They said that it would have to be modified to save it before it ran out of money. They did say that they would limit Roe v Wade from government money. Can you prove that the Tea Party is running "pell-mell" other than from talking heads. Why are not the "Occupy" not running "pell-mell" even though they are more destructive than the Tea Party? I would also point out that you are of the lowest cast because of your use of words. "tea-baggers" ?
Why A Romney Win Could Be Bad For The Market [View article]
" Yes, Obama had the Dems his first two years,...."
It seems as if he took two years to pass Obamacare while ignoring all other problems like the economy, immigration, budgets, etc. America never did have a budget the first two years and it continued the last two years because Reid did not want to have a budget. Obama never wanted any Repub input on any of his plans that he had proposed. He told them that you have to pass my bill or I would veto any other bill. Even his last budget was rejected by his own party by a large margin. How convenient to not mention those facts when you say the Repubs are obstructing his plans.
The 3 Scariest Government Charts [View article]
1) I personally paid into SS for all of my working career. I am now retired and am collecting SS. The companies that I worked for also contributed an equal amount into SS for my benefit.
Where has that money gone? It went into the general funds. It was suppose to go into a "locked box". Remember that term. Now you and congress are calling it an "entitlement". Where has all the money gone - to nowhere land.
2) I personally paid into Medicare and my companies did the same thing. Now, you are calling it an "entitlement". Again, where has all the money gone? To nowhere land. I guess congress did not promise to put into a "lock box".
3) I hate to tell you this, but I am still paying taxes even though I am retired. You make it sound like the old people stop paying taxes once they retire. That is far from the truth. I wish you would do a better research job and not listen what the CBO put out as the truth. I have to say one thing - I have been paying less taxes on my savings because a "wise" man decided to hold interest very low. It forces me to "invest" in the market but I get taxed for doing that.
4) I don't care about which party is voted in but my biggest worry is the inflation rate that will be coming down the road. That will hurt me more because my income is semi-fixed.
ECRI's Annual WLI Growth Rate At 41-Week High; SPY At Bull Market High [View article]
The Traders Did It! [View article]
Retirement Portfolio: Buy American [View article]
Scott, I love your optimism in the American way of life and that you are trying to be a good father. Happy father's day. I was lucky in that I was able to support my family on one income and that my wife was able to raise the children and counter the progressive teachings by our schools. I am a "newbe" to this site but have learned a lot from people like you and Archman. I have taken control of my 401K and have been moving my money around to suit the rise and fall of the markets. The only problem I have is the limitations of the 401K portfolio so I choose from the option they give. Thanks to SA, I saved a bundle before the crash of the housing bubble. I am slowly getting back into the market. I am looking at American companies with technology in mind. It is risky but many of the companies are solid if they can keep their research and development budgets up. They can not depend on one person to generate ideas and vision even though it helps. I have seen so many companies die because they want to save money by cutting the R&D. They also have to have a turnover in that department because young people can bring fresh ideas to the table.
I believe that "progressives" want America and any other country to fail so that they can enslave the people. They would then become the rulers or the elite. "Dumbing" down the people is just part of that process.
ECRI Recession Call Update: Weekly Leading Index Declines Again [View article]
It's Time To Bring Out The Howitzers [View article]
Unemployment will continue to be a problem because our government is using the wrong approach to boost employment. They spent money to try to stimulate the economy which puts us farther into debt. They want to tax us more to continue this stupid idea. They should reduce the taxes on job creators with investments in the states. It should not apply to multinational corporations. The government should invest in re-training programs or tax breaks for companies that do re-train programs because many of the unemployed do not fit the current needs. I was part of a program sponsored by the Bureau of Indians. It trained natives in electronics which had a need in the technology industry at the time. I used that education to advance to an engineer in component failure analysis. The idea is that my taxes through the years has repaid that investment plus I was a productive member of society. The program of "send a man to the moon" spurred the economy in investments, technology, taxes, and employment. It did not favor any industry because all benefited all. Government investing is like feeding a bear and hope it will behave like your dog. I agree with THE_AMERICAN that we are killing our system by allowing multinational companies manufacture overseas so that they can make more profits. Our technology is being stolen and being used against us. They are also advancing the technology faster than we are because their schools are better than ours. Our schools are now in the business of "brainwashing" our children and not teaching science and math.
Europe is going to be the tipping point for our next recession. They have no idea what is causing their problem therefore how are they going to fix the problem. They are just kicking the can down the road like the United States. I still have my hopes that Americans will realize that its still the economy stupid when they vote.
U.S. Sovereign Debt: Pulling Down GDP [View article]
S&P 500 May Revisit, Break October Lows [View article]
Thank you. GSPC is already below 1160 and I expect a slight rally before we fall into the next recession.
Is The Market Predicting The Next Crisis? [View article]