Latest topics
Search
Social bookmarking



Bookmark and share the address of CherokeeVillageAR.net Forum on your social bookmarking website
Bookmark and share the address of Cherokee Village Arkansas Forum CherokeeVillageForum.com by CherokeeVillageAR.net on your social bookmarking website
Okay, What do you think?
2 posters
Cherokee Village Arkansas Forum CherokeeVillageForum.com by CherokeeVillageAR.net :: Cherokee Village Arkansas Polls
Page 1 of 1
Re: Okay, What do you think?
Hi Chuck,
For sure. And an ironically selfish and self-defeating strategy. The reason the market slightly rebounded this morning was that the job/employment figures were very slightly up. Most folks had thought they would be negative. But here's the really weird part about the economic picture. Corporations and investors sitting on tons of cash are waiting for the consumer confidence/employment number to be good. BUT for those numbers to be good, people need jobs!!! And they are the ones who can make them!!!
Of course, the other thing not mentioned is that while everyone want deficit reduction in principle, we just took about a trillion of government spending out of the economy. The markets are also reacting to that. In fact, when the economy is bad is precisely when government spending is most important. We learned that during the Depression. Only the "stimulus" of WWII pulled us out.
For sure. And an ironically selfish and self-defeating strategy. The reason the market slightly rebounded this morning was that the job/employment figures were very slightly up. Most folks had thought they would be negative. But here's the really weird part about the economic picture. Corporations and investors sitting on tons of cash are waiting for the consumer confidence/employment number to be good. BUT for those numbers to be good, people need jobs!!! And they are the ones who can make them!!!
Of course, the other thing not mentioned is that while everyone want deficit reduction in principle, we just took about a trillion of government spending out of the economy. The markets are also reacting to that. In fact, when the economy is bad is precisely when government spending is most important. We learned that during the Depression. Only the "stimulus" of WWII pulled us out.
Paul2CV- Posts : 1065
Points : 1844
Join date : 2010-08-17
Okay, What do you think?
Hi Forum,
So the market drops 500 points today on the heels of the debt ceiling deal. What do you think is the cause of the 500 point fall?
So the market drops 500 points today on the heels of the debt ceiling deal. What do you think is the cause of the 500 point fall?
Paul2CV- Posts : 1065
Points : 1844
Join date : 2010-08-17
Cherokee Village Arkansas Forum CherokeeVillageForum.com by CherokeeVillageAR.net :: Cherokee Village Arkansas Polls
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|
» Visit to Cherokee Village, Hardy, Ash Flat
» SCUBA DIVING IN LAKE OMAHA
» Cost to get water meter & hydrant and electric meter with 120v plug.
» Restaurant Reviews
» Golf course restaurants
» Solar panels working great!!!!!
» Vacation Rentals
» Village Mart opened?
» Cherokee Village Arkansas Gift Lots