Mickey's Telecom Corner

[mickeybritt]

Stock market

I see where the stock market has been down now a couple of days but my opinion for what its worth is America is rebounding, and hopefully they reenstate the first time home buyers as housing must grow or you will pay more unemployment and food stamps benefits so its a cheap investment. No housing no growth and a econmy that will never grow. Everything revolves around housing growth. Next do you want to invest in Europe right now with the Euro and Greece and Spain and others? Do you want to invest in China? Japan is mature and can't grow another house.

It looks like invest in America or South America where you have some unstable governments. Therefore it looks like the U.S.A is the best place. Now do you want to buy bonds whose yields are very very low and if inflation rises are worth a heck of a lot less. People forget that bonds in the 80's was worth 50 to 70 cents on the dollar that had been bought a few years ealier.
Well what does that leave the good old U.S. stock market. Look for 20,000 in the reasonably near future as money has to go somewhere.

JMO
Mickey