A Word From Bob

As Seen & Heard

Contact Us

rss

Invest Yourself

The FREE Investment Newsletter That Really Works!

10.6.2014 Election Manipulation? Bookmark

We said way back in May of this year that the closer we get to the elections in November, the more they're going to paint the tape, and fudge the economic numbers. The President has been telling anyone that will listen about how many jobs he's created and how the stock market is proof that his agenda's and the work done by his Democrats has worked. But as anyone with a living brain cell knows, the stock market has NOTHING to do with the economy any more.

 

We said way back in May of this year that the closer we get to the elections in November, the more they're going to paint the tape, and fudge the economic numbers. The President has been telling anyone that will listen about how many jobs he's created and how the stock market is proof that his agenda's and the work done by his Democrats has worked. But as anyone with a living brain cell knows, the stock market has NOTHING to do with the economy any more.

In years gone by, you could indeed gauge the health of the nations economy by looking at what the stock market was doing. But for the last 10 years, and especially the last 5, the market has been so manipulated, it has NO relation to the real economy any longer. Companies have boosted their earnings by doing half a trillion in buy backs, the Central banks around the world have literally bought 29 trillion worth of stock, QE1,2, the twist, and QE3 have given banks tens of billions to plow into markets.  If the market truly reflected our economic activity, the DOW would be standing at about 8K, not 17K.

But again, it's election time and everything has to look peachy for the incumbents. The question is...once the elections are over, and QE ends... then what? Good question, and one we'll constantly be exploring.

Showing 0 Comment

Social Media

Archive

Bob Recommends