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Political Parasitism

Tom2568 Wrote: May 23, 2012 11:44 PM

I think you would have to read it in Spanish, since it's a Spanish proverb. With the right election results, the stock market could take off, and with it consumer confidence. Hopefully, a big recovery is just around the corner. People need, and most people want, jobs!

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Political Parasitism

And He who loseth wealth, loseth much
He who loseth a friend, loseth more
He who loseth his spirits, loseth all
Spanish Proverb

The Dow closed down Friday for the 12th time in 13 sessions, the first time that's happened since October 8, 1974. Obviously, it's a red flag and a negative sign. I think it's more an indictment of lack of leadership and its potential impact on the economy than current economic circumstances. The dollar continues to surge against the inept Euro, and the more the dollar moves up, the more money leaps out of stocks and other assets into US treasuries...