I am a student of the stock market… I think that it is a good reflection of human psychology or human irrational behavior.. when it comes to the buying/selling of stocks.. I have not been happy with any elected bureaucrat in DC for a decade or more.
Sometimes/often it is said that figures never lie and liars always figures…
The top four entities on my “do not believe list” are bureaucrats (all levels of gov), insurance companies, corporate execs and attorneys.
A few interesting facts, now that Obama is entering his second term..
The stock market Feb 1, 2009 was ~ 8000 … today it just passed 14,000… a few hundred points of a all time high.. yet… unemployment is still in the high 7% range.. basically unchanged from four years ago and the per-cent of the population capable of working is down slightly but still in the low 60% range.
There have been statements that corporate America is sitting on more cash on their balance sheets than ever before. CVS recently announced a 38% increase in dividends to their stock holders while employees are claiming that tech hours in the Rx dept have been cut 10%.
Statements have been made that companies are afraid to expand because of the unknowns of Obamacare … seems like almost every week or so.. another previously unknown tax or mandate comes out in the news about Obamacare.
It is claimed that consumer spending is 80% of the economy… and that last quarter our GDP was negative, and of course the government keeps tells us that there is no inflation – if you don’t consider fuel & food.
The $ViX.X is in the low teens and if it drops to the sub-teens.. would suggest a STRONG SELL STOCKS signal.
The economy’s signals are like having a compass with two needles and they are pointing in opposite directions.
I just wonder if most/all of corporate America is trying to do more with less… just like many of the corporate chain pharmacies are now seemingly doing.. How long before all of these “cutting corners” is going to come back and impale our economy even more…
When other parts of our economy harms society.. it will be a bad thing… but.. healthcare.. when it causes harm.. the result is that people can DIE…
Whatever happen to “best practices” and “continuous quality improvement”? For that matter .. whatever happen to professional autonomy ?
Filed under: General Problems
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