INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own, and so I can check back and see if their stories have changed. I include the economy and markets to check my perception of the bigger picture. I post in case it helps others too.Economy & MarketsThe economy and markets are improving, though the recovery is uneven and seems to be disproportionally directed to benefiting upper management instead of hiring employees or raising non-management salaries. Psychologically many people continue to react as if they are in the midst of the internet bubble and post 9/11 era, just like some people lived for decades as if they were in the midst of the 1930s and fighting the Great Depression. The implications of financial indiscretions, and sometimes crimes, have yet to fully resolve themselves; but most of that impact is abstract (not part of the manufactured goods economy) and the game of the "elite". Real world concerns, food, housing, health care, education continue despite debates because people's lives must continue. I continue to think that the markets and the economy will return to "normal" but in new ways, with old technologies and archaic institutions fading to be replaced with new tech, sometimes low tech, and new lifestyles that will redefine institutions and organizations. Unfortunately, calls for tax cuts amidst record debts point out the disconnect between ideology and reality. I am a long term optimist and believe that reality will be recognized and accommodated eventually, though the longer the delay the greater the disruption.(I've also collected links to the other discussion boards and my other stocks over on my blog trimbathcreative.wordpress.com)
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