Quote:
Originally Posted by jms62
LOL... More QE just locked up the election. Most Americans associate the economy with the stock market and with open ended QE the market will roar into the election. It wont completely fall apart until the elections are over.
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J, I honestly don't know if that's the truth anymore. Let's face it the middle class is hurting right now. If they are lucky to have a job, they probably haven't had a raise in years. The prices of everything are going up, except on their houses. People have very little money to live, let alone invest into the market. If anything it might be the inverse effect and the people who are struggling while working 2 jobs are getting jealous that the rich are getting richer and they have to continue to live life walking on a tightrope with no net. I want to believe that people are starting to understand how bad it is despite what the stock market does.