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10/29/15 12:40 PM

#164702 RE: Roo5guy #164692

All time HIGHS? The SP500 started the year at 2058. The high was less than 4 percent up? The growth hasn't been lost. The whole year was slow and gradually picked up till the late summer.

Earnings were positive till now. The whole year had a flat move.
Domestic economy is doing the best it has in the whole 7 years.
Jobs, real jobs, real want ads and a tight labor market, real low unemployment payouts, wage growth above spending for a good part of this year. Have you checked the service sector this whole year. it's been doing extremely well. restaurant growth? Discretionary income is highest its been for a long time. Money in peoples pockets. You say that low commodity prices are a negative? Really?

Here we go again, the cooked data. Impossible. Absolutely impossible. Everything gets shown in the corporate numbers. revenue, costs, profits. Your theory on China just isn't so. Look at the consumer there and tell me they aren't growing and spending. Where do you get your numbers from? that's like saying Walmart is doing terrible so the economy must be struggling. You ignored the 10 largest retailers in the US other than Walmart in order for you to declare this. Silly to pick out companies and reinforce your theory while ignoring the WHOLE picture.

I paint no rosy picture. I reason why the market is doing relatively well. We are flat for the year yet you see the sky is falling and the market is in the stratosphere. Your perception is just out of whack with reality.

BTW commodities being in the toilet is a MAJOR plus for the consumer and all companies NOT in the business. It lowers company costs for everything that need fuel. A net BIG WIN. The energy sector has already been hit very hard. no fake numbers there.

SO I suggest you don't believe the reports, not the market reactions, and put your money in a hole in the ground. Clearly the banks are not liquid and betting in a rigged market is foolish.