T Nation

Sequestration - Fourth Austerity Shoe Drops

The stock market has no correlation with the overall economy.

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=9787

[quote]Zeppelin795 wrote:
The stock market has no correlation with the overall economy.

Then Obama is not responsible for the DOW being over 14k, right ?

[quote]MaximusB wrote:

[quote]Zeppelin795 wrote:
The stock market has no correlation with the overall economy.

Then Obama is not responsible for the DOW being over 14k, right ?[/quote]

Obama is responsible for the dismal economy, and Bernanke is responsible for the Dow being up. There is no where to put money and get a return, so the banks are ratcheting up risk scale to get a return. Banks borrow at 0-0.25% and invest it in the stock market and get 8-15%. Very nice spread.

[quote]dmaddox wrote:
and Bernanke is responsible for the Dow being up. There is no where to put money and get a return, so the banks are ratcheting up risk scale to get a return. Banks borrow at 0-0.25% and invest it in the stock market and get 8-15%. Very nice spread.[/quote]

Pretty sure I just fell in love with you.

[quote]countingbeans wrote:

[quote]dmaddox wrote:
and Bernanke is responsible for the Dow being up. There is no where to put money and get a return, so the banks are ratcheting up risk scale to get a return. Banks borrow at 0-0.25% and invest it in the stock market and get 8-15%. Very nice spread.[/quote]

Pretty sure I just fell in love with you. [/quote]

I borrow on my houses at 4.5% and get 50% rate of return on my cash. I love this cheap money.

[quote]MaximusB wrote:

[quote]Zeppelin795 wrote:
The stock market has no correlation with the overall economy.

Then Obama is not responsible for the DOW being over 14k, right ?[/quote]

Never said he was but then again he did curry favor with the finance sector which is evidenced by the amount they gave him during his run against McCain. Strange they supported Romney as Obama has given them everything they wanted for the most part. Can’t understand why he doesn’t direct Holder to prosecute those thieves after they turned their back on him in favor of Romney. Just seems stupid.

[quote]dmaddox wrote:

[quote]MaximusB wrote:

[quote]Zeppelin795 wrote:
The stock market has no correlation with the overall economy.

Then Obama is not responsible for the DOW being over 14k, right ?[/quote]

Obama is responsible for the dismal economy, and Bernanke is responsible for the Dow being up. There is no where to put money and get a return, so the banks are ratcheting up risk scale to get a return. Banks borrow at 0-0.25% and invest it in the stock market and get 8-15%. Very nice spread.[/quote]

Obama is partly responsible for the lagging economy, no doubt. He has taken measures to curry favor with the finance sector while passing a weak stimulus bill. He could do something but doesn’t. Goes to show who side he is on. And to think people believe he is a socialist. Goes to show how effective the propaganda system is in America.