Crappy New Year! Stocks Will Fall 35% in 2012 Says Schoenberger

maybe you will or maybe you won't be okay. But you would be responsible and accountable for the results unlike blindly following any published feature writer.

Sound advice - regardless of direction.

well said. how many truly wise men are out there? there are madoffs and corzines and paulsons for sure. the ones who did well are seldom able to consistently perform, perhaps madoff figured that out and decided to fake it to maintain what is in reality probably impossible to maintain---the illusion of getting it right most times. i've also learned that chasing the latest hot fund or hot manager---the top 10 or 100 or whatever touted by Money, SmartMoney, Kiplinger, etc---seldom led to "great finds" as the hot fund or manager fizzled out subsequently. now, mostly, like you, chas, we do own our research and we form our own opinions and yup, john, there've been some iffy calls there but we own our results.

Can`t speak for anyone else but I`ve already explained to my Six Year Old Son and His Brother who is Thirteen that when they are of age to start College, Trade School, or Military Service whichever they choose, that The Real World has Turned into a Tough Cut Throat, Super Competative Amoral Place. I explained that they will have to for the most part fend for themselves. I no longer have the money to pay for or even help pay for their education. They will have NONE of the Cushion I had back in the 70s. Our 401K are depleted, our Savings almost gone, My wifes Awfull Job is our only income We`ll lose our Home within the next Six to Eight Months.We have Zero Health Insurance, nor life insurance, I was turned down for SSDI, Guess I needed to be missing Limbs or Something.Things look bleak. However things always llook Darkest before Dawn, I have Hope That my Children and All of Our Children here in America will be quicker than We Were in Figuring out That our Government Sold us out. I hope that they are not lulled to sleep like we were waiting and hoping against hope that this President was going to be Different and the New Congress and Senate would be Patriots instead of the usual Amoral Thieves, that they would fix the Damage and correct the Mistakes of their Predecesors and we could all hold our Heads Up High Again, all would be well. Sadly we didn`t realize until after the fact that The Damage Done was done as part of a plan and that the Terrible Mistakes that has put 90% of Americans in Dire Straights were not Mistakes but part of the same plan That has Removed the Jobs, the Hope and the once abundant opportunities. Those Jobs havre been Replaced with $8.00 an hour no benefit dead end trash jobs, Hope is gradually turning toward Hopelesness, and the once abundant opportinities are a thing of the Past. The final Nail in our Coffin was my Wifes Student loan. The #$%$ overpriced little AA degree saddled us with close to 30,000 Dollars worth of debt and didn`t increase her marketability one red cent. It is exactly that $300.00 a month payment that will cost our Children their Home.I am bitter about None of the Above WITH the EXCEPTION of that Student Loan. It was a Total Scam, and I was the one Pushing her to sign up for it, but I washed my hands of it and never read the Loan Docs she was Signing because I figured how much could it possibly cost to get an AA degree via the internet. Had I paid attention I would have said HELL NO.

Hey Bob, you wanna go get a beer? You make my life look like a cake walk. I feel so much better now.

Ya think? What is the point of writing something that obvious?

I think Schoenberger is correct in his prediction. I use the same crytal ball and ouija board that Schoenberber uses and get the same results. for futher financial advice, call psycic hot line @ 1 900 Your #$%$ because they also have the answer.

We had a greater debt load after WWII than we have today and yet 1945-1952 were just fine for the stock market.
1952 18.35
1951 23.10
1950 34.28
1949 15.96
1948 9.51
1947 2.56
1946 -12.05
1945 39.35
Federal debt began the 20th century at less than 10 percent of GDP. It jerked above 30 percent as a result of World War I and then declined in the 1920s to 16.3 percent by 1929. Federal debt started to increase after the Crash of 1929, and rose above 40 percent in the depths of the Great Depression.
Federal debt exploded during World War II to over 120 percent of GDP, and then began a decline that bottomed out at 32 percent of GDP in 1974. Federal debt almost doubled in the 1980s, reaching 60 percent of GDP in 1990 and peaking at 66 percent of GDP in 1996, before declining to 56 percent in 2001. Federal debt started increasing again in the 2000s, reaching 70 percent of GDP in 2008. Then it exploded in the aftermath of the Crash of 2008, reaching 102 percent of GDP in 2011.
If you look it is actually a decline in the federal debt load that has hurt the stock market. 1929 debt at 16% = great depression. In 1974 we lowered our debt to 32% and 1974-1979 markets were hurt and we get "stagflation". Clinton has a surplus in his last 2 years and markets decline 2000-2001.

well, you are comparing apples to oranges. We had in house financing, we borrowed our own money, we were on the gold standard, we had a very low stock market, we had very high taxes paying back the debt. We were paying back debt unlike today. We just can't sustain this type of economic model. We are borrowing 40% of every dollar we spend. Just can't keep that pace up and it's so wrong anyways. One day, we will have to pay, it's going to get rough starting in 2013.

Raymond, we still borrow our own money (China only accounts for a fraction of our debt). Taxes will gradually go up, deficits will gradually diminish, inflation will pick up and we'll turn the corner on our debt load. Like Chris points out, we've been here before. No sense letting all the doomsayers control the dialog.

Yeap.

Agree 132% :-)