Funny, the experts think it's as much issues with Spain and the upcoming election uncertainty. If you look back a couple weeks, the market started dumping when Romney started rising in the polls.
:thumbsup:
Do you remember what it looked like when the republicans left office a few years ago, you know, when we were losing 700,000 jobs a month, every month? rofllol
The biggest issue remains the looming fiscal cliff. If our congress critters don't get their act together before the end of the year we are in for a major economic hit.
Most companies earnings reports this quarter are weaker, and they are revising 2013 guidance down. "Record profits" are being revised down, that should make progressives happy. Still seeing layoff notices too from large companies.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
LOL wrote: Most companies earnings reports this quarter are weaker, and they are revising 2013 guidance down. "Record profits" are being revised down, that should make progressives happy. Still seeing layoff notices too from large companies.
Let me break it down for ya Birdbrains
Corporate America is sitting on trillions of dollars..Its called supply and demand...We have a demand problem in this country. Industry is currently meeting ALL our demands, and then some. What we need is more consumers with disposable cash to spend..
What we need is a pro worker administration..... so the republican plan of cutting wages and benifits is the last thing we wanna do right now...
Supply and demand? People can't afford to buy consumer goods because of the inflation in the gas prices and food costs. Household income has fallen 10% since Obama entered office. Obama's stimulant package failed because he doesn't have experience.
Thomas Sowell: There are no solutions, just trade-offs.
