The stk mkt wealth effect leads the economy and has for 30 yrs. the fed knows this and that is why they attacked the easiest thing to manipulate which is stks. as we have seen they've been powerless to stop the decline in home prices. so the question is when do stks see the top of this economic manipulation and start sellingt off? i'd say no later than july but the s@p could be 1250 by then.
Yeah, its ridiculous how the liberal media was going ape shit about the jobs. They were talking about how this was the highest job growth in 3 years and how this is a sign the economy has definately turned around. I wonder what they are going to do when the census jobs finish and they have 1.2 million jobs lost for that month.
Er, Bob, as usual, hyped-up Bullshit. This guy is always on the wrong-side of a call. And he is anything but the "liberal media" - he is a right-wing, pro-capitalist, self-admitted Bush lover.