gordon

That Was the Year That Was

Ever think maybe we're in FDIC bank CDs paying 4-5% for most of the year? You're fixated on Treasuries? How about the I-Bonds I'm still getting over 6% on? Yes, cash has been king for us, sleeping well and scalping stocks selling into rallies to the "hopers" thinking it's go higher after I scalp 10%, ha! Wait til unemployment accelerates and foreclosures, a lot of which was not PC during the holidays.

'Slow Growth' Or Recession?

Good call on the Fed cut. Now, when is the disconnected elite Wall St. and Fed going to realize that AMERICAN'S INCOMES(READ:WAGES) ARE STAGNANT!?
This aristocracy while sweep up the crumbs after 75% of the electorate is financially (either by debt, health, or outsourcing) IN THE TOILET. Reflation of Wall St. shows Bernanke is rewarding non-wage elitists.