Still no plan after G8 Meeting.Greece. Finished.Spain. Finished.Italy. Finished.Eurozone. Finished.Japan. Third decade of recession.China. Slowdown.U.S. Real Unemployment 22%.War with Iran. Almost a certainty after election, possibly before.UVXY Fair Value: 500
WOW ... that's a lot of positive information ... looks like 1,500 S&P is a lock!
Record number of Americans out of work force.Unemployment insurance being cut from 99 weeks to 73.Cuts to food stamps coming.Cuts to medicaid/medicare coming.Record number of defaults on college student loans.
Gas still over $4.00 much of country.200,000 lost unemployment last week.Mass layoffs at HP.Tens of thousands will be laid off at Post Office.Housing prices just fell to ten year lows.Only half way through foreclosure process (2-6 million more in the pipeline)--------------