Actually it is the top 20% with wealth that are getting wealthier. This group owns 90% of the net worth/wealth. In 2010 to be in this group the mean financial (non home) net worth was 1.7 Million. Put another way the bottom 80% owns about 10% of the wealth. I guess this is why the POTUS is taking so much flack it is from the bottom 80%. The bottom 40% have negative net worth. Whatever your situation thank your maker - it could be worse. GLTA. Laissez Les Bons Temps Rouler
The only problem with the growth assumptions is there is no substantive proof that advertising works on FB. Look at everything FB tried to do to monitize other than Advertisement. Gifts Failed, Home Failed. Phone failed HTC phone. Zucker knows he has to buy businesses or steal other's ideas to stay relevant. Instagram and Whats Ap. How do you monitize those entities if user sets privacy levels correctly. Answer is you can't. Boom. Ergo money bleedout on nonprofitable buyouts..
No longer Free Market Capitalism. Republicans should be screaming at the abuse of dual mandate powers given to the Fed. Needs to be fixed and pronto.
When the money gets too easy - that is my portfolio hitting all time high like it did July 3rd - the market tries to take some back. watch the woosies whine and moan as the market collapses
You all know the drill when they collectively arrogantly laugh in their complacency the market has a strange way of giving the last laugh to the one being laughed at. Marc corrected the interviewer and said he has been right in his calls. He who laughs last laughs loudest. or something like that. QE ending and rates rising could be a catalyst. Hearing some say they can't wait for that event they will use as buying opportunity - till their hands get so bloody they can't stand to catch the falling knife. Ramble On.
weak attempt today to break the downtrend which will resume tomorrow. the beat down yesterday was stronger than today's attempted reversal. Oh yeah and the rally was sparked by the Fed minutes saying they are ending QE soon - makes no sense when viewed from smart money bond mkt trading which are shooting at low yields indicating lackluster growth going forward. This could get nasty when investors wake up and smell the coffee.
ja_lost, the easy answer to your question is if I can get one person to think by presenting facts and cogent arguments instead of acting like a bunch of sheep - ah never mind the real reason is by posting and presenting arguments it helps neutralize the garbage noise for me. it's only about making money which I am hitting out of the park. Watermelon smiles and all that.
CNBC interviewed him and he was steadfast in his belief that due to Fed mismanagement and engineered by reducing float and thereby artificially augmenting eps, and lack of top line Rev. growth that market will eventually come to grips with market is overvalued and the correction will begin. GLTA
FB is fast becoming a running joke on TV programs. Heard a zinger last night something like "that's if you are still using FB or Instagram" or sonething like that - It went by me so fast since I was multitasking I had to ask someone what was said. FB has to pay the toll both we shall see in about 2 wks.
Tigress Downgrades Facebook On Peaked User Growth. The firm concluded that active user growth rates for Facebook, a key metric that the company focuses on, may have plateaued. Feinseth noted that DAU and MAU metrics peaked in 4Q12 and 1Q13.
foo8675, absolutely correct. In fact Obama has deported so many coming across from Mexico - Hispanics are calling him the Deporter in Chief. Obama called the bottom of this stock market and the idiots complaining about stupidity they believe from fauxsnooze missed the bottom - my guess is they were curled up in fetal position too stupid to take advantage of the greatest buying opportunity in at least two generations. Obama Beat Republicans at everything. Really quite amazing the more Obama succeeds the more they hate him for it. Top 10% have watermelon smiles - it's all gravy and bottom 90% have very little asset wealth and make less than they did 10 years ago inflation adjusted. Who can blame them for being so misdirected with their anger - easiest target for them is the black guy - Susan Smith and a host of other murderers continue to blame that direction - their stupidity always gets em caught just like the idiots pointing at Obama with 3 of their fingers pointing back at themselves. Quite Amazing. The folly.
They should revoke your right to vote based on your stupidity. ya moron don't you know Congress only appropriates funds not the executive branch. Obama is proposing a solution that is called leadership you idiot. Over half a billion or 615 million of the 3.7 Billion request is for wildfire suppression - 1.1 billion of the total is to increase detention space for children and adults that meets “legal and humanitarian standards” and to ensure “protection of asylum seekers and refugees while enabling the prompt removal of individuals who do not qualify for asylum” or other relief. Your solution is what?
nope Ruprecht you are way off the mark. Iraq was contained also acted as a balance of power to Iran. enemy of my enemy is my friend kind of relationship - bush ruined this. Now we have a mess thanks to Bush - doesn't make Israel safer - the entire region is almost a flash point.