tag:blogger.com,1999:blog-1708908742323002823.post3121691991269804410..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: The Birth of Obamacare and the Death of American Jobs and HopeTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1708908742323002823.post-1299536383135835622013-10-01T09:46:54.352-07:002013-10-01T09:46:54.352-07:00And what a party it is !
The FED just flexed their...And what a party it is !<br />The FED just flexed their muscles for all to see. Today they no doubt pumped billions into the NYSE to prevent any kind of corrective action.<br />Looks like Armstrong's sub $1000.00 gold and 20k + DOW will be dead on accurate.<br />You would have to be insane to be long gold and short DOW right now.Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-45062672524697056732013-10-01T08:28:45.534-07:002013-10-01T08:28:45.534-07:00Mark;
the "market" loves quantitative ea...Mark;<br />the "market" loves quantitative easing, cheap money and corporate profits. It does not love Obamacare. What it does love is the fact that corporations are slashing expenses in order to comply with Obamacare and those expenses are primarily in the form of full time jobs of 40 + hours per week. Wall Street is having a field day at the expense of Main Street.<br /><br />At some point however, and I am unsure when that will be, the Fed will be unable to prop up even the US stock market on its own without structural reforms to the underlying economy. <br /><br />What we are currently experiencing is paper asset inflation in the equity markets in a world in which prices are falling and wages are either falling or are stagnant. That is NOT a long term prescription for health. <br /><br />I simply have no idea when reality will catch up to these things however. For now, the party continues until it doesn't.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-12056658778545018002013-10-01T08:11:12.395-07:002013-10-01T08:11:12.395-07:00I hope the govt shuts down. People embrace the nan...I hope the govt shuts down. People embrace the nanny state. They love to be told waht to do. Just like the Israelite slaves in the wilderness. they wanted to go back to Egypt and be slaves again. I want catastrophe. Gold will drop to 1,000. I haven't had health insurance in 12 years. I am not a moral hazard, and empower myself to understand health, nutrition, and wealth. I am going to pay the income tax penalty. health is 80% nutrition, though I should get catastrophic medical, in case I get into a major accident.<br /><br />As for Obamacare, I don't think as many people as the NWO-controlled media claims. i think a lot more people than most think do not want this. The talking head shills are forbidden from criticizing it.Eph 6:7https://www.blogger.com/profile/12432153510281295793noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-65051224522208376452013-10-01T08:02:17.617-07:002013-10-01T08:02:17.617-07:00The market loves ObamaCare.
Retail indexes are su...The market loves ObamaCare.<br /><br />Retail indexes are surging to world record highs, led by names such as Harley-Davidson and Walgreens.<br /><br />We are on the cusp of a mega-boom, thanks to endless fiat printing combined with collapsing commodity prices and 45-year low interest rates.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-17205860651611964982013-10-01T07:11:13.755-07:002013-10-01T07:11:13.755-07:00damn straights, you are right on Dandamn straights, you are right on DanAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.com