in 1 or 2 years, only thing middle class will get is, 2.5-5% tax hike for alone obamacare and 0% interest lock, QE continue. Once it reaches 50% loss for public wealth, I think there will be some kind of revolution activity from Middle class, not from the poor.
I think this is very serous and US is at the stage of almost reaching the limit what they can do. This is why China media keeps pushing China govt to trash US and diversify portfolio to euro and others with precious metal.
Very Very serious stage for US and dollar. In 1 or 2 years in maximum, US has to finish and start its direction either going to a hole trashing dollar or stop QE and int lock.
if US wants to start gradually with 15B reduction to stop QE without raising interest, they have to start no later than beginning of Nov. Otherwise, they have to start raising interest and cutting QE 20B together, which will make money market to biggest crash.
Think this way.
Ask around you, how many people have mutual fund account and they put their 100% cash to it. If they put 20%, they have to make ~30%x5=150% in the past 6 years to beat what FED and US do.
And what about time and efforts you put in even though you made it?
How about others even if you made that level? 10%? 5%? 2%? 1%?
This is 90% loss game to FED and US.
Now, they will bring down market, and will also wipe out stock value of yours.
First, wipe out your bank balance, put more tax. Bring their rest of money to stock market, as a cleaning job, wipe out their stock value.
I thin it's suicide. Note not all people join stock market and it's already too much disconnected with real lives.
Any further from this point, China will trash dollar. Watch
By 2014, you will lose 19.4% of your bank balance value due to 6 years of 0 interest lock.
And they printed dollars 85B every month.
With this two alone, your money value is almost cut in 30% by 2014 I guess.
And you will pay more tax probably between 2.5%-5% annually due to Obamacare.
So... 32.5%-40% you lost value of your asset in 6 years.
Once you make money with it, please come above the ground, boilerroom is not good for you health to live.
I'm fine with my English. Try to understand what I say or ignore.
Experiencing Obama, my doubt is lifted. There's no Reps or Dems, but only politicians and wall street.
helping wall street, not the poor. He advertises and acts like helping the poor, but.. when you look in detail and understand more system, it's opposite
I have seen many cases asian markets going opposite directions from ES. I monitor frequently. That tells who is the main force moving ES market. Foreign money is busy on European and Asian market during their time, especially when US market is at this level.
check inflation with FED vs inflation without FED at @Bong8242co. It's their job, transfer and accumulate wealth from public to final destination 'FED'
I didn't say anything about SPY with VIX. And I said no correlation with ES, not SPY.
Nothing to do with English, but don't force the author to believe something he didn't mentioned was mentioned. It's like rumor you're creating.
Answer is, there is not correlation with ES, but can be used as same purpose. VIX is moved by option price and vix future has decay factor rolling to next month. Thinking simple, VIX future is destined to go down, if they extended time to trade it, it means they want to change the direction they want. Force, Influence, Manipulation and overnight when everyone sleeps. 3AM, it starts.