Originally Posted by Laguna
How did the Dow reach 14,000? Who benefited? Who are the losers?

Nearly every pension fund in the nation is heavily invested in the market. If the market falls, everyone in our nation who's relying upon a pension will be harmed. Therefore, politicians on both sides of the aisle will stop at nothing to prop up the market, even if the market's actual value is illusory.

The market is now the game of the wealthy. The rich are making lots of $$$, and the rest of us are paying for it right now. Inflation resulting from the Fed's printing funny money in order to fund QE's 1, 2, & 3 has forced us to pay more and receive less. And our children and their children will pay the tremendous debts of the QE's.

The market, like all stretched bubbles, will burst.

Soaring Dow


Don't usually agree with your posts but this one is spot on.