Bounce back!
There is a time to wait and a time to move out... Now is the time to consider your options!
Date: 4/24/2009 9:53:40 AM ( 15 y ) ... viewed 2036 times
Why does it seem that we are not getting any where?
Maybe it is because many Big business leaders and most of our elected government officials; either do not know what the real truth is or do not care! I personally thank is the latter! They are so caught up in the desire make more and / or the need to leave their mark on the pages of history; they have forgotten where they came from and who(the people/consumer) really counts...
Here are some facts, many of which I do not epically like, but what ever: This is the present truth... I always except the truth, like it or not!
"The truth is, what it is!" a True-ism
*****
First: The rally in gold has appeared to ran out of steam, which tells us investors perceive that risk is lower and that the fear of inflation is lower than it was.
- Instead of having runaway inflation today, inflation is NEGATIVE for the first time since the 1950s.
- Interest rates on risky "junk" bonds are coming down, which is yet another sign fear is subsiding.
- The Fear Gauge – the stock market Volatility Index (VIX) – is dramatically calming down from where it was six months ago.
- The U.S. dollar isn't crashing. In fact, it's doing very well against other countries... The euro recently hit one-month lows versus the dollar.
- Far from soaring, U.S. interest rates are near record lows, with mortgage rates at less than 5% and Treasury bonds at less than 3%.
- The stock market bottomed last month as "the Next Depression" fears have abated.
- Things are getting "not as bad" on the home front... we could be closer to a real estate bottom than was previously thought.
So are you ready to get off your can and do something? Now would be a great time to step up and be counted... HUH!
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