How's That Recovery Comin?

#1 07-01-2011, 11:08 AM

Quote:

Originally Posted by Coach Pants

I meant 1350. Was thinking about the Nasdaq.

Right now I'm on a ZICAM overload. Feel like a sack full of sweaty as.sholes.

S&P 1330 today. Neocons crying. The bathhouse I frequent celebrating. LOL.

jms62 · #2 07-01-2011, 11:13 AM

Quote:

Originally Posted by Coach Pants

S&P 1330 today. Neocons crying. The bathhouse I frequent celebrating. LOL.

Yup,,,, The good news continues

http://finance.yahoo.com/news/Consum...&asset=&ccode=

hi_im_god · #3 07-01-2011, 10:16 PM

Quote:

Originally Posted by jms62

Yup,,,, The good news continues

http://finance.yahoo.com/news/Consum...&asset=&ccode=

more than 1/2 of the s and p 500 companies make more than 1/2 their profits overseas.

the reason people perceive a disconnect between the performance of the stock market and that of the american economy is that there's not all that much of a connection anymore.

the global economy is booming. why wouldn't stocks of what are now transnational companies reflect that?

there's no vast conspiracy. what there is though is two tiers. if an individual or company is connected to the global economy, they're doing fine. if not, then they're suffering and will continue to suffer the impact of the housing bubble in this country.