I’m one of those people who gets nervous when the market hits new highs amidst what looks like a deteriorating economy for the middle class…but I’ll try not to be a Debbie Downer so, “Happy New Record for the Dow Day!”
The plot thickens… Anybody want to hedge their bets about whether the SEC will have any teeth in this situation? By the way, Standard and Poor’s is at an all-time high today.
Feeling bad for anyone who went long on Whole Foods recently…quite a pullback today.
Herding the incomes of the young into deteriorating assets like housing is a dangerous misallocation of capital and investment. Investing heavily in housing means those incomes are not being invested in productive opportunities in other sectors of the economy, whether that is investment in the stocks of other companies, or individuals starting their own businesses.
Interesting dynamic here!
This is a complex issue.
Yay! Tax breaks for nursing mothers!
Sometimes you can’t blame it on the guns. Really sad. We need more community in this country, so we can work out our problems without violence. One answer is better access to mental health services.