Bush put in place a spending machine coupled with lower taxes. Congress tied Obama's hands on raising taxes. That = deficit spending and national debt ... this really isn't that hard. Obama has increased spending by less than Bush and by a lot. In his first term, Obama spending increased by less than 2% annual. Bush increased government by over 8% annual in his first term and over 5% annual in his second term. Again, this is not difficult stuff.
Bush wins that award hands down. 2 unfunded wars - unprecedented growth in govt spending and massive deficit spending. Fiscally, Bush was the equivalent to a two year old. Then he put his head so deep in the sand that he did not prepare for the coming crash and near financial industry total melt down... and it seemed as if he had a massive oh - schyt moment ... even though he was warned that it was coming.
Since Obama... the country is in a much better place than when Bush left. Seriously big-M... you need your head checked.
By the way... I am pretty conservative... and do not take a party stance. I see what I see and fiscally the republicans (Reagan, Bush 1 and Bush 2) have been fiscally inept. Massive growth in government spending by all 3. These guys ran on a great promise of smaller government and then betray the voters.
Obama has grown government by far less than all 3 republican presidents mentioned above... by also less than Nixon/Ford. These facts are easily found. Search it.
You are not correct on many accounts. AMD's hole is/perhaps was marketing. Su got rid of the head of Marketing... well she left. I believe with the right replacement... we will see some better results... Su cannot take this role on herself.
Long term hold... this is going to fluctuate widely over the next few weeks. Combination of market and political uncertainty and manipulation.
They still have a lot of work to do. The austerity that was in place was way too harsh and focused too little on growth... rather it was punitive. It still is. Greece needs flexibility and corporate investment in addition to government help. They need to grow their economy and that will take much more than a reprieve in loan payments. They need to get people back to work and the current situation will not make that happen. They also need to go after the severe TAX EVASION issue. It is out of control.
Germany needs to help leverage what Greece is good at. As the rest of Europe increases their disposable income, tourism in Greece will increase and that will help. However, Greece's unemployed population is far greater than the tourist locations. They need to increase their agricultural, industrial and shipping revenue. This is going to take a long time, and it will happen. Also, Greece corporations have been investing in other neighboring countries and that investment needs to be brought back to Greece. Timing is perfect. Labor is cheap.
Parts of the US are still in recession to some degree - but coming out slowly. A good part of the US is flourishing now ... parts of the Midwest and parts of the south are not. This growth is largely due to devaluation of the dollar exports are up... industrial production is up and growing.
The same goes for Europe... corporate investment is what is needed. The Euro is down relative to other currencies which is good. That will help increase exports. Greece needs to start building more shtuff and exporting. Tourism, Industrial, trade/shipping, Ag and fishing industries have been their foundation for centuries - they need to focus on and expand these.
The punitive austerity needs to be minimal... however, tax evasion needs high priority. The precedent is they can get away with it... and this will kill their government. Tax evasion MUST be addressed immediately.
So ... they went for 7 extra hours. If hard-line was Greece's stance, they would have ended long before 7 pm. Rather silly for you to believe Germany would have spent an additional 7 hours if Greece went in with a hard-line approach. The Germans would have walked away long before 7 pm. My take is that they likely made a ton of progress and likely have some details to work out. Your ID indicates you are optimistic in the general market. Your msg shows you are not so much for Greece and potentially all of the EU.
Why would Germany stick around for 7 additional hours if Greece was hard-line?
What's your logic on $5? I see the jump in pre but it is a long way to go to get to 5
What's the deal - no news but we are already at average volume within 2 hours of trading...and nearly 4x buying volume yesterday. A good portion of this is shorts covering but it also accumulation - big blocks trading hands. Anyone?
You can nearly always go opposite of Cramer. He is a showman... that knows a lot, but doesn't seem to know how to assess a company.
Back at ya skippy ... you made the initial comment... get on it and EXPLAIN why it is "toxic" or "over bloated". If you are going to make broad sweeping comments ... you could at least back em up with a little substance.
Justify your comments... no supporting data, analysis or logic. Just say it... YOU ARE SHORT and you believe somehow your comments are going to sway retail investors to sell or not buy ... which somehow you believe will lower the price. Or you are a paid basher ... for someone that actually has money.
Did you note the initial source of the buyout rumor?
Seriously stop spamming this and other boards. I have and will continue to report this to Yahoo... please everyone do the same.
There is short term and long term... what does your crystal ball say about 2018?