Thanks for your thoughts musk. you kind of made me feel bad for having $ though. i'm 42 and have not had a real job for 11 years . lived in the states from 79 -84 , those were not the good times but i'm afraid people are and will sufer much much more this time. But this is the mother of all jobless recoveries and I understand your point about good times for corporations and that is why i own these huge multinationals , but then we could be wrong and that is why i want to be extra carefull in these times,.gl
Pretty much EVERY company I follow or invest in has STELLAR earnings -- huge annual comps, or best ever: INTC, AAPL, EMC, Ferts, Coal, EMs. Guys: China and Australia are growing so fast they have to RAISE interest rates!
Even financial are improving. (I do not trust em and have no investments in financial companies... bu am thinking about a position in the world*s best managed crooked company, GS.)
I just do not get all the *sky is falling, market will crash* stuff. WAKE UP!
Globally, we may be near a cyclical low, but things are improving and have excellent prospects going forward...