Freewill
Platinum Member
- Oct 26, 2011
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You imply that somehow the administration is holding down growth, could you elaborate on what they need do to release their grip?
Well, completely change their opinions, public comments, stances and actions regarding business. So, since that's not gonna happen, this will have to be organic, by business being willing to take more chances than it usually would. Then, ironically, when business does that and things improve, the administration will get any credit. Gotta love it.
Not sure about the opinion and public comments seem to me to be something that can be ignored, what ACTION do you think the government is taking or has taken that can be changed?
As I read the information, retail sales are weak, exports have not increased so what in your opinion will spur economic growth?
Business and the markets know that the market run-up has not been based on traditional business activity, believe me. It's been based on the Fed's manic liquidity, the cash reserves of corporations who are scared shitless by the administration to spend it, and the relentless search for yield. All of that is the reality.
Certainly after 6 years of Obama it is pretty clear he isn't going to do things that harm businesses directly. Obamacare's cost to business should already be factored in. The environmental closing of electric utility plants actually are making the utilities happy, they can blame Obama for the closing and raise prices, perfect for them. So again, what with this administration, are they scared about? Obama hob nobs with the rich just as much if not more then did GWB.
So in the face of this, business still has to survive, and to survive it has to move, like a fish in water. So, as thankless as this will be, it will have to fall on the sword and take bigger risks than it wants to. That will be the trigger, and it may already be happening.
Could you elaborate on what risk? I realize companies are scared but I don't understand why it is scared concerning government and not just the world situation. If I were a company I would be scared of the money supply being flooded. That isn't being done by the government. (I take the view that the Fed is not part of the government.)
I don't know if that makes sense, but I can tell you that's what markets are thinking in general.
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I think that the markets think of ONE thing, what makes them the most money, period. Buy short as a company is going out of business, the business doesn't matter as long as money is to be made. Money not really made but taken from some other poor loser.