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October 27, 2008: Piling on to the
broadening collapse that gained momentum October 6,
2008, global
financial markets are continuing to
shrug off rallies and implode despite currency manipulations,
interest rate cuts, capital infusions,
and statements of confidence by the G7, IMF, Federal Reserve, and government
leaders including those from the Middle
East, Asia, Latin America, and
industrialized nations of the West. |
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Certainly no one should wonder why, nor
expect anything short of a continued
sell-off, as long as the shadow of
Barack Obama socialism looms. Around the
world delusional, envious
non-investing
people hoping they might destroy the USA
in an insular manner are wishing for the
promotion of communist Obama to its
highest position. Let us pray these
short-sighted, angry, unthinking fools'
dreamy nightmare fails to reach
fruition. Markets are falling because
capitalist investors are removing
capital ahead of Obama socialism. |
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Spoiled, angry, panicky,
non-globally-oriented amateurs unable to
comprehend market vectors control OPEC
and financial institutions. Capitalism
requires confidence and is fragile. |
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Only
Karl Marx, William Ayers & Barack Obama
are celebrating these days. |
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October 31, 2008 UPDATE: This week the
S&P500 had its largest gain since 1974.
This demonstrates the across the board
collapse that started on the first
Monday in October has at least
temporarily reversed. This reverse
coincides with tightening of the
presidential polls. Financial markets
around the world are sensing a possible
McCain victory. Global financial markets
know that their fastest cure comes from
a healthy US economy and that is likely
under McCain. Markets know Obama brings
socialism, higher taxes, reduced
investment, and a broad and long global
recession. |
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November 6, 2008
UPDATE: Since the November 4
election results confirmed that a
socialist will be raising taxes,
increasing government size and control,
and that the radical left will
dismantling US capitalism, capital
markets across the world have re-entered
their down-trends. Each day across the
world of previously-productive and civilized
capitalism, markets are declining on
average 2% to over 8% each day. |
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November 18, 2008
UPDATE: Major indices continue
to hit
new multi-year lows since the November 4
election results confirmed that a
socialist will be raising taxes,
increasing government size and control,
and that the radical left will
dismantling US capitalism, capital
markets across the world have re-entered
their down-trends. Each day across the
world of previously-productive and civilized
capitalism, markets are declining on
average 1% to over 6% each day. |
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Today there is no good reason to own stock in
capitalist corporations. This is
because corporate earnings tax rates
will increase, most corporations'
business prospects will decrease,
and the tax rate paid by investors on
dividends and capital gains will
increase. Moreover, to buy a stock
amidst this long-term down-trend all
most certainly guarantees a direct
erosion of the capital used to make the
purchase. |
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Therefore there is no end in sight to the current
stock markets' down-trend. |
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Any fear of recession is dwarfed by
thoughts of economic depression. To
steer through financial and real estate
markets these days, we must view the
world a using rational,
experience-rich, historic perspective.
Today's prognosis is one of unlimited global business
decline. This global decline will
continue because global capitalism's engine --
The USA -- is being disabled by the
president-elect's socialism, tax
increases, and productivity-inhibiting
policies. He and his policies inhibit
personal productivity, motivation, and
the positive spirit Americans have
always embodied. |
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