Today is a perfect example of a “sucker rally”, designed to sucker in the unsuspecting unsophisticate so that someone can unload a necessary position.
Do Not Beleiev It!!
There is no reason for optimism at this time.
They finally reached the conclusion yesterday, that we are in a Recession, and have been for a year.
WHAT!!! It took you a whole year to figure out that we are in Recession!!!
Give me a break. Thats like the weatherman going ouside and getting soaked in a rainstorm, then walking inside and announcing that there is a 75% chance of rain. How much did they get paid to come up with that genius conclusion.
We have been in a recession for a year, you could have read my blogs over the past year and saved the government a lot of money and wasted research.
Now I will go on formal record.THE RECESSION IS GOING TO LAST A LOT LONGER!!
Perhaps a year or two, and it’s going to get worse.
Nothing against our President Elect, but even if he were a fiscal financial wizzard (he’s not) he would fail. His policies would fail. Increasing spending in a deep recession is a recipe for disaster. Raising taxes in a recession helps to prolong the bad times.
Small businesses by the thousands will be failing, throwing ever increasing numbers of people on unemployment.
Hold on to your hats. The winds of disaster are blowing loud and clear.
Sell! Sell1 Sell!