If bailing out Greece helps the euro and European stocks so much, just imagine if they did it over and over and over again…like the U.S…..”to the moon Alice!” Greece debt is 113% of their GDP. U.S. is now 110% and getting worse! Who will bail us (U.S.) out?
Everyone is talking on how much better earnings are compared to last year. But what are we comparing to…the bowels of recession? Topline growth is negligible, if not worse. Bottom line is, of course, better…companies have thrown overboard every expense possible, including workers! So why wouldn’t earnings be better? Some of those same stocks though have now increased 100, 200 even 300% and, thanks to all that money printed up by government, they’re all liquid as hell! Are we really that better off than we were a year ago? Your comments are appreciated!
Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....
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