Ken Catalino by Ken Catalino

Ken Catalino

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  1. wmconelly

    wmconelly said, over 3 years ago

    Stock market’s doing fine. The people who’d LIKE it to crash because of their dire politics, wanting to point and blame and call names? They got a problem.

  2. mickey1339

    mickey1339 GoComics PRO Member said, over 3 years ago

    For those of you who are excited because the stock market is reaching new highs, look at a recent chart and you will notice that we have been in a trading range for months, barely creeping upwards before pulling back. In other words, there is no conviction, trading volume is low and the market is so “news” driven it is jerked hither and yon worse than I have ever seen it and I’ve been trading for about 35 years.

    Unique to this market is the aspect of easy money poured into the economy by the federal reserve. Their easy money policy has benefited wall street and the big banks with cheap interest rates so they can short term borrow money, churn it through the markets and make a few percentage points return. FWIW, times like this is when the ’little guys" get sucked into the market top and then get hammered when it drops.

  3. mickey1339

    mickey1339 GoComics PRO Member said, over 3 years ago

    I’m 66, if that’s old. Still got all my teeth…

  4. dtroutma

    dtroutma GoComics PRO Member said, over 3 years ago

    The market keeps flirting around 14,000, which is probably higher than real value, but it’s just a casino any more, not true “investments”.

    Uh, the real problem with the Chrysler turbine car was the slow power response of that engine, like from a stop light, and the fact it only got about 4 mpg. The STP turbine, built by Lotus, at Indianapolis definitely would have won the race, had not a 50 cent bearing failed just before the end of the race. Turbines/turboshafts, are great in aircraft, but not really great for "street cars’. Of course, having a pure jet, like the “Green Monster” could go really fast, but was hell on the paint job of any car behind it in traffic!!

  5. Gypsy8

    Gypsy8 said, over 3 years ago

    The period approximately 1985 to 2008 was one of the all-time good wealth creation periods that happens once a century or less. I like the “easy come” part, not so much the “easy go”. Good time to be cautious, IMO. There’s a lot of problems out there.

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