Cool wind blowing...

[1Admin]

http://www.infowars.com/bank-run-fears-escalate-as-russian-lender-bans-cash-withdrawals/

I know, it's AJ...

But this sort of news article has been popping up more. Couple bankers whacked themselves in Europe. Dow going down a couple hundred points, next debt "ceiling" crap coming up.

Something just kinda doesn't smell right.

I assume we are at least fixing to have a big correction in the market.

Thoughts?

[xdpatriot]

You said it in your first comment about AJ. BUT...
A broken clock is still right twice a day. I've always thought the market would be 'the big one'. Things haven't added up for awhile, the market at record highs, jobless numbers on the rise, our moderate inflation. It's easy to see why the market is doing good with the fed pumping money into it from their printing presses. The success is false. It's propped up on itself and eventually, its gotta come down. It's simple high school economics. My daughter over heard me saying something about it and I explained it to her and she grasped it. It makes me wonder why so many people walk through life with blinders on. If my 10 year old can see it, how come 'adults' can't. I don't know what the catalyst will be, but when it goes, I believe it will be bad. The 'Great Depression' was horrible, and we'll have similar circumstances this time, but our society isn't nearly as well behaved. People don't garden, they don't help neighbors, they don't farm, they can't change a flat tire, much less hunt or fish. On top of that we have the entitlement mentality going on. If they do see someone that had the foresight to put away logistics, they're gonna think thy have a right to it. It's gonna be very, very ugly unfortunately. I just don't know a timetable.

[Hawkeye]

Kinda feeling a market correction coming as well. The question is, how big of one.....

[PerryJeff]

I agree with you XD. [QUOTE It's easy to see why the market is doing good with the fed pumping money into it from their printing presses. The success is false. It's propped up on itself and eventually, its gotta come down.][/QUOTE]
I Have been saying that for a couple years. If you look at the earnings from almost all actual companies their revenues are dropping from sales and the few that are actually increasing their P/E is because they are cutting expenses or selling property so one time earnings is the driver. The Fed Pumping plus all these mutual funds really don't have a better place to put their money.
I think as soon as inflation drives up intrest rates they will be jumping out of the stock market and it will drop fast.