Where I live most folk's want to sell their house and downsize. I think most baby boomer's are thinking the same thing... retire at 62 on social security. If you are luckey to be single, as a male, think that you are 18 again and move to a cheaper country an help a beautiful lady 40 year's younger on "king U.S. dollar" and early retirement at 62. Take your vitamin's and exercise and you may live to 115 on the government dole. Who care's about medicare... you can get cheaper medical care in a cheap country that pay's cheaper wages than the U.S. If you believe that I have a bridge I want to sell you. In a global economy the dollar will fall!!
I read that the tea party want's a shut down...Will Mr. B. compromise(that's the short term buy or sell signal). If Mr. B. compromises, I am sorry I sold most of my silver position,and would wait to buy TZA in May(close to the QE-2 ending). The deadline is on midnight Friday after the market closes.
Nothing more then a good cop bad cop show played out. Short term people with long termed plans and no accountability for future and PAST results.
Perhaps a neutral mediator of high intelect and mutual regard amongst bolth parties would be in order
Bad news does not get announced in advance. Remember "Day of Rage"?
Ya all just keep looking for reasons for the market to fall. A very bad strategy. Doesn't work. Amazing that more of you haven't yet figured that one out.
Wise up, :)
It will not tank, they will only announce it AFTER the market closes or near the VERY end... Over the week-end they will have time to SPIN SPIN SPIN....
The only thing that can help us is the tea-party group who are insisting on the shut down, but frankly not only do we need a shut down, we need a complete overhaul.
If the Fed is going to keep playing this game we need to put (E.O.) 11110 in play.. see how that rides for about 20 to 30 years.
I believe they'll shut her down. And Obama will be very upset. No matter what, everyone will continue to screw the pooch, allow Fed to print more money, and strive to make all matters worse while they ruin chances for a real recovery.