Market Bottom Already? I Don't Think So [View article]
The problem with exports and a week dollar is that it works in the short term. Those that export, also consume, so after a while they will have to rise their prices just to stay even. So I would not count on them to provide more jobs in the near future. Also you could see some extra taxes in the future in order to compensate for the ones lost because of housing. Rising population is not going to increase spending, but it may even reduce it. It is pretty hard to spend at Starbucks when you have an extra mouth to feed. The market is very volatile right now, so it is very hard to peak a good stock, because there aren't many of them so everybody is trying a flight to safety. BTW, don't bet on technology, very few will do well, and by few I mean one or two.
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The problem with exports and a week dollar is that it works in the short term. Those that export, also consume, so after a while they will have to rise their prices just to stay even. So I would not count on them to provide more jobs in the near future. Also you could see some extra taxes in the future in order to compensate for the ones lost because of housing.
Apr 08 11:09 am
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All Comments by Niko »Market Bottom Already? I Don't Think So [View article]
Rising population is not going to increase spending, but it may even reduce it. It is pretty hard to spend at Starbucks when you have an extra mouth to feed.
The market is very volatile right now, so it is very hard to peak a good stock, because there aren't many of them so everybody is trying a flight to safety.
BTW, don't bet on technology, very few will do well, and by few I mean one or two.