Fully Valued Stocks To Sell If Sanity Returns？（ZT)# Stock
k*n
1 楼
While all of the major pundits are touting the great comeback of the
American economy, many middle class Americans are left scratching their
heads. While the stock market is all but back to its 2007 pre crash highs,
labor force participation rates are at an all time low in this country with
only 63.7% of Americans actually working. This is quite contrary to the
belief that the great recovery is only in its infancy. What the Fed has
shown is that it would rather trash the currency than let the stock market
fall 20% from current levels.
This policy of propping up stocks (that only the ultra rich still own) means
that the gap between rich and poor in America will likely only continue
rising. While I am cautiously optimistic for many risky assets like housing,
gold, silver, oil, etc ... I have to wonder if the stock market has reached
a point of exhaustion. One thing is certain to me, the old trickle-down
economics that so many political and economic thinkers are counting on
simply doesn't work to stimulate the economy for the poor, which could
ultimately result in (more) social unrest in America.
American economy, many middle class Americans are left scratching their
heads. While the stock market is all but back to its 2007 pre crash highs,
labor force participation rates are at an all time low in this country with
only 63.7% of Americans actually working. This is quite contrary to the
belief that the great recovery is only in its infancy. What the Fed has
shown is that it would rather trash the currency than let the stock market
fall 20% from current levels.
This policy of propping up stocks (that only the ultra rich still own) means
that the gap between rich and poor in America will likely only continue
rising. While I am cautiously optimistic for many risky assets like housing,
gold, silver, oil, etc ... I have to wonder if the stock market has reached
a point of exhaustion. One thing is certain to me, the old trickle-down
economics that so many political and economic thinkers are counting on
simply doesn't work to stimulate the economy for the poor, which could
ultimately result in (more) social unrest in America.