1) The Fed is "printing money". (Krugmann gives a different kind of explanation and says they are NOT printing money. Oh, whom to believe...?)The reality is:a) Sorry, whatever you call it, they have no choice. The way the game is played /rigged this is how one punches one's way out of it. b) The Fed's other job is to handle all the money. They will not print a blizzard of money then 5 (or whatever) yrs later just sit there and let it cause whatever it causes. They have a program to deal with that too.Like I said in my previous post, things suck for a longer period of time but the stock market doesn't bottom out the day before the next favorable long term go-around.As far as being all in cash. I must admit at this exact moment I am the same. I have a couple of external reasons for it (big expenses coming up) or I might have stayed in the market a bit longer, but overall, hey, it's not gonna kill me to sit out a round.
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