With the Down Jones Industrial Average at record highs, one has to wonder whether or not the rally is running out of steam.
Why is the market continually going up?
While I am an investor, I am amazed that this continual rise without fundamentals. Companies are doing fine but are not really hiring nor expanding.
Where is the innovation? Where is the growth? Where is the participation by a majority of Americans?
We know that the Federal Reserve is pumping liquidity into the system, but is that really a healthy way to prime the pump of capitalism?
What about the long term unemployment problem?
After all the talk of fat cat Wall Street Bankers abusing the system, has anything really changed? Who truly benefits besides the connected, either financially or politically?
Has this been an unbelievable bull run that hasn't really felt like one?
It looks all too much like fool's gold to me.
Why is the market continually going up?
While I am an investor, I am amazed that this continual rise without fundamentals. Companies are doing fine but are not really hiring nor expanding.
Where is the innovation? Where is the growth? Where is the participation by a majority of Americans?
We know that the Federal Reserve is pumping liquidity into the system, but is that really a healthy way to prime the pump of capitalism?
What about the long term unemployment problem?
After all the talk of fat cat Wall Street Bankers abusing the system, has anything really changed? Who truly benefits besides the connected, either financially or politically?
Has this been an unbelievable bull run that hasn't really felt like one?
It looks all too much like fool's gold to me.
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