I agree. But I cant get over the fact that China has more people in the middle class than the entirire popula5ion or the US.
All hell has broken loose since 9/11. We are in a religious war. Us vs. radiical Islam. This has happened before in world history. Do we have the balls anymore or are we just too busy watching Oprah and the View.
Be Warren Buffett. Invest in great companies at reasonable prices. A shareholder is a fractional owner of the business. Asia is rising. They will need mucho P&G products to clean up the mess of the falling Western world.
No, Bobo will now go after pressure cookers. Martha Steward is on the new watch list.
Said it before. "I don't know what people will eat in the years to come. I know Mc'Donalds will sell the most of it." Ray Kroc
"Looks like I picked the wrong day to stop smoking." Lloyd Bridges The movie "Airplane."
Yeah, they just cut off cell phone service in Boston, fearing these were cell phone triggered bombs.
The 800 pound in the room is if the economy improves and interest go higher the US cannot find enough money to finance its debt.
Advice: Always invest for the long term. Remember that in the long term we are all dead. Additionally the sun is now half way thru its life cycle. Plan accordingly.
As long as "helicopter Ben" keeps printing money, equities are the only place to be! I will sell when Joseph P. Kennedy sold. When the shoe shine boy gives you a stock tip.