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  • The US Economy Has Reached A Turning Point

    From businessinsider.com

    The US economy grew at its fastest rate in eight years in the second quarter of 2014, but Americans still think the US is in the midst of a recession. Two key trends will solidify the recovery in 2015: higher wages as unemployment falls below 6%, and an expansion in consumer credit as households reach the end of the debt deleveraging cycle. Despite some downside risks posed by higher interest rates and weak demand from Europe, we expect a steady economic expansion over the next year. The economy powered ahead in the second quarter by 4.6% at an annual rate, matching the fastest quarterly growth rate since 2006. ... (full story)

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  • Comment #1
  • Quote
  • Oct 6, 2014 10:10am Oct 6, 2014 10:10am
  •  Donika
  • | Joined May 2014 | Status: Lot size .1 | 28 Comments
as per book reads its getting better and better. But why the hell my wallet says otherwise.
Heed the lessons of failure.
 
 
  • Comment #2
  • Quote
  • Oct 6, 2014 10:30am Oct 6, 2014 10:30am
  •  Guest
  • | IP XX.XXX.74.61
so ... it is like marketing bubble which gets further and further from reality but at the end reality wins always so .... waterfall correction soon
 
 
  • Comment #3
  • Quote
  • Oct 6, 2014 10:31am Oct 6, 2014 10:31am
  •  TheTopBloke
  • | Joined Sep 2007 | Status: Forex God | 1035 Comments
Pfff... yeah, the point of no return.
 
 
  • Comment #4
  • Quote
  • Oct 6, 2014 12:07pm Oct 6, 2014 12:07pm
  •  TraderPablo
  • | Joined Oct 2011 | Status: Member | 296 Comments
U can also call it Brainwashing...prblm is Wages haven't kept up with economic growth...yet...once they will...%rates will go up for sure...
 
 
  • Comment #5
  • Quote
  • Oct 6, 2014 12:14pm Oct 6, 2014 12:14pm
  •  yrparent
  • | Joined Jul 2006 | Status: Member | 5 Comments
When more stories like this appear it will be time to short the indices.
 
 
  • Comment #6
  • Quote
  • Oct 6, 2014 12:25pm Oct 6, 2014 12:25pm
  •  myel51
  • | Joined Jun 2013 | Status: Member | 60 Comments
US Debt approaching 20 trillion. RIP US dollar.
 
 
  • Comment #7
  • Quote
  • Oct 6, 2014 12:42pm Oct 6, 2014 12:42pm
  •  TraderPablo
  • | Joined Oct 2011 | Status: Member | 296 Comments
http://www.christinejoseph.net/wp-content/uploads/2013/02/toilet_paper_money.jpg
 
 
  • Comment #8
  • Quote
  • Oct 6, 2014 12:58pm Oct 6, 2014 12:58pm
  •  Guest
  • | IP XXX.XXX.2.239
don't forget this strategy when trading S&P next year:

‘Sell Rosh Hashanah, buy Yom Kippur’ worked this year

http://www.marketwatch.com/story/sell-rosh-hashanah-buy-yom-kippur-worked-this-year-2014-10-06?siteid=yhoof2
 
 
  • Comment #9
  • Quote
  • Oct 6, 2014 3:50pm Oct 6, 2014 3:50pm
  •  Troy5
  • | Joined Feb 2014 | Status: Junior Member | 1 Comment
The rich get richer...everything else is a gamble. dollar is up sell on dips, MACD 8.50.9
 
 
  • Comment #10
  • Quote
  • Oct 6, 2014 3:58pm Oct 6, 2014 3:58pm
  •  iamsovereign
  • Joined Jul 2013 | Status: Member | 41 Comments
every thing is a lie--- I mean everything. big joke
Live today like theres no tomorrow-- Prioritize like you will die today
 
 
  • Comment #11
  • Quote
  • Oct 6, 2014 5:36pm Oct 6, 2014 5:36pm
  •  albchr
  • Joined Mar 2009 | Status: Member | 584 Comments
Quoting Troy5
Disliked
dollar is up sell on dips, MACD 8.50.9
Ignored
Ghost Rider - WWTBMD?
 
 
  • Comment #12
  • Quote
  • Oct 7, 2014 11:43am Oct 7, 2014 11:43am
  •  TheTopBloke
  • | Joined Sep 2007 | Status: Forex God | 1035 Comments
Quoting TraderPablo
Disliked
U can also call it Brainwashing...prblm is Wages haven't kept up with economic growth...yet...once they will...%rates will go up for sure...
Ignored

You can't even call it growth. What major corporations have been hiring? I know of a lot more dropping jobs. Amgen, HP, Boeing, et al..

GDP is antique. The stock market does not reflect genuine growth.It's a total farce, and what's scarier is I don't believe it's deliberately manipulated. It's incompetence.
 
 
  • Comment #13
  • Quote
  • Oct 7, 2014 12:01pm Oct 7, 2014 12:01pm
  •  CA Bez
  • | Joined Jan 2013 | Status: Member | 31 Comments
This kind of misinformation should be made illegal. I wonder if this kind of nonsense is why the author's name is not displayed. He must be wearing very rosy-colored glasses, because after having lost the 3rd job in 3 years due to companies closing or going out of business, I just do not see the "recovery". Salaries are at 2002-2003 levels. CA in particular are losing movie production companies almost daily. The population gain is less than the loss (almost equal numbers), but the people gained are mostly unskilled illegals compared to the highly skilled leavers. How does this translate into "recovery"?
CA Bez -
 
 
  • Comment #14
  • Quote
  • Oct 8, 2014 1:03am Oct 8, 2014 1:03am
  •  TraderPablo
  • | Joined Oct 2011 | Status: Member | 296 Comments
The stock market does not reflect genuine growth.It's a total farce, and what's scarier is I don't believe it's deliberately manipulated. It's incompetence.

And when the shtf...sm big money will be lost....
 
 
  • New Comment
  •  Guest
  • | IP X.XXX.221.90
Join FF
  • Story Stats
  • Posted: Oct 6, 2014 9:22am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 14  /  Views: 6,045
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