Stocks Heading a South......
Last month the Federal Reserve announced Welfare for Wall Street would be tapered off.
This month Wall Street only received $75,000,000,000.00, (instead of 85) and next month they will only receive $65,000,000,000.00. How are Billionaires supposed to feed their families? This news has been met with a month of steady selling. The Billionaires are panicking.
After all if investors can’t count on tax payers (to continue filling their bank accounts) that means investors will have to rely on the actual economy. Try not to laugh. You know the real economy which hires nobody….. and makes nothing. How is that going to provide growth?
Since everyone knows the actual economy is dead (they just haven’t put the toe tag on yet) the only logical thing for investors to do is head for the exits. And they are.
Today the biggest drag on the Dow was Boeing.
Boeing announced they would make less money in the future then they previously stated. Why would that be???? Such a mystery….. After all Boeing has the Dreamliner which was supposed to lead the way to greater prosperity.
That tribute to offshoring which is guaranteed to work flawlessly for exactly 4 ½ minutes. After that parts fall off or it starts on fire.
I can’t believe that would lead to less money coming in.
See when the Dreamliner stinks that brings down Boeing stock. When Boeing stock goes down the entire Dow Jones goes down. Isn’t offshoring great? This is actual trickle down.
If only someone could have seen this coming….If only someone could have warned people that Boeing was not the place to put their money. Someone with that kind of insight must be super smart. If only someone like that existed maybe they could post stuff about it on the web. Then others would know what was really going on too.
The real interesting part of all of this will be if the selling continues. What will the Fed do? Will she put the pacifier back in the babies mouth? Or will she let the baby cry a bit.
When Billionaires cry it is real loud and annoying. My guess is the Fed will start up the printing presses once again. What other choice is there? Hire people……LOL.
If the actual economy is dead…. and the make believe economy (stock market) is also dead…..Well that is just not going to go over well.
So make some popcorn and enjoy the show. Should get real interesting.
http://money.cnn.com/2014/01/29/investing/stocks-markets/index.html?source=cnn_bin
This month Wall Street only received $75,000,000,000.00, (instead of 85) and next month they will only receive $65,000,000,000.00. How are Billionaires supposed to feed their families? This news has been met with a month of steady selling. The Billionaires are panicking.
After all if investors can’t count on tax payers (to continue filling their bank accounts) that means investors will have to rely on the actual economy. Try not to laugh. You know the real economy which hires nobody….. and makes nothing. How is that going to provide growth?
Since everyone knows the actual economy is dead (they just haven’t put the toe tag on yet) the only logical thing for investors to do is head for the exits. And they are.
Today the biggest drag on the Dow was Boeing.
Boeing announced they would make less money in the future then they previously stated. Why would that be???? Such a mystery….. After all Boeing has the Dreamliner which was supposed to lead the way to greater prosperity.
That tribute to offshoring which is guaranteed to work flawlessly for exactly 4 ½ minutes. After that parts fall off or it starts on fire.
I can’t believe that would lead to less money coming in.
See when the Dreamliner stinks that brings down Boeing stock. When Boeing stock goes down the entire Dow Jones goes down. Isn’t offshoring great? This is actual trickle down.
If only someone could have seen this coming….If only someone could have warned people that Boeing was not the place to put their money. Someone with that kind of insight must be super smart. If only someone like that existed maybe they could post stuff about it on the web. Then others would know what was really going on too.
The real interesting part of all of this will be if the selling continues. What will the Fed do? Will she put the pacifier back in the babies mouth? Or will she let the baby cry a bit.
When Billionaires cry it is real loud and annoying. My guess is the Fed will start up the printing presses once again. What other choice is there? Hire people……LOL.
If the actual economy is dead…. and the make believe economy (stock market) is also dead…..Well that is just not going to go over well.
So make some popcorn and enjoy the show. Should get real interesting.
http://money.cnn.com/2014/01/29/investing/stocks-markets/index.html?source=cnn_bin
posted by res17 at
January 30, 2014
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