Booming jobs and falling gas prices make this the best economy in 15 years

[brucefan]

I thought the market was going to collapse when Quantitative easing ended?

First of all, the balance sheet of the fed is still growing, just from the reinvestment of principal,and interest. Second, since we have ended our program, Japan and now the ECB, have announced their own QE. propping up global markets, but certainly not pushing us to new highs . We have been trading sideways since the start of the year

Look at price action today, good news ( or at least the perception of good news) turned the market down.

Why? Just the hint of a possible rate increase, not now of course, but maybe, just maybe, during the summer, and down we go

Barak Obama will seal his fate as the worst President of all time when this whole joke of an economy is exposed for what it is

 

[akphidelt]

First of all, the balance sheet of the fed is still growing, just from the reinvestment of principal,and interest. Second, since we have ended our program, Japan and now the ECB, have announced their own QE. propping up global markets, but certainly not pushing us to new highs . We have been trading sideways since the start of the year

The Fed gives 90+% of it back to the Treasury. Their balance sheet is pretty much meaningless and has nothing to do with propping up the stock market.

Look at price action today, good news ( or at least the perception of good news) turned the market down.

Why? Just the hint of a possible rate increase, not now of course, but maybe, just maybe, during the summer, and down we go

Barak Obama will seal his fate as the worst President of all time when this whole joke of an economy is exposed for what it is

You really should not talk about the stock market. For 7 years you have been claiming it was going to collapse. You even said it was going to be less than gold. This is the kind of stuff that should lead someone to believe they literally have no clue what they are talking about. But you and Sheriff Joe are a special kind of stupid, lol.

 

[The Guesser]

First of all, the balance sheet of the fed is still growing, just from the reinvestment of principal,and interest. Second, since we have ended our program, Japan and now the ECB, have announced their own QE. propping up global markets, but certainly not pushing us to new highs . We have been trading sideways since the start of the year

Look at price action today, good news ( or at least the perception of good news) turned the market down.

Why? Just the hint of a possible rate increase, not now of course, but maybe, just maybe, during the summer, and down we go

Barak Obama will seal his fate as the worst President of all time when this whole joke of an economy is exposed for what it is

Sorry Bruce, but you've been saying the same song and Dance for Years, and you've been wrong for years. My guess is you'll continue to be for at least another couple of years. Come 2017, all bets are off. You have the same lack of credibility as all the doom and gloomers because you WANT the market to collapse to fulfill your Political agenda. I'll gladly take a sideways market for the next 2 years after the great gains of the last 6, after the pathetically labelled by an idiot "Bush Boom", in 2008 cost most Americans about a third to a half of their market and other investments.

 

[brucefan]

The Feds balance sheet is " meaningless "

And I am a special kind of stupid

Well, let me just tell you this . The world has bid up the dollar index from 79 to 95 because they have been drinking the kool aide put forth by this adm. And the Fed, that rates will rise, and the balance sheet reduced. They seem to think it's very important, and when none of that takes place, and QE 4 is introduced, I guarantee you the world will give meaning to it

 

[The Guesser]

The Feds balance sheet is " meaningless "

And I am a special kind of stupid

Well, let me just tell you this . The world has bid up the dollar index from 79 to 95 because they have been drinking the kool aide put forth by this adm. And the Fed, that rates will rise, and the balance sheet reduced. They seem to think it's very important, and when none of that takes place, and QE 4 is introduced, I guarantee you the world will give meaning to it

No offense, but you have to be right about something in market performance, before any of your guarantees about where the market is headed can be taken seriously.

 

[akphidelt]

The Feds balance sheet is " meaningless "

And I am a special kind of stupid

Well, let me just tell you this . The world has bid up the dollar index from 79 to 95 because they have been drinking the kool aide put forth by this adm. And the Fed, that rates will rise, and the balance sheet reduced. They seem to think it's very important, and when none of that takes place, and QE 4 is introduced, I guarantee you the world will give meaning to it

Lmao!! Stop guaranteeing anything. You guys are ALWAYS wrong. It's hilarious. And the dollar gaining in value is completely contradictory to what you guys said would happen with quantitative easing. While the rest of us, who actually understand the monetary system and the federal reserve have said for years that we are at a bigger threat of deflation and the value of the dollar is not going to plummet.

QE1,2,3 were pretty much non-events. If they did a QE4 it would be equally meaningless. They make very little difference to the real economy. You guys still have absolutely no clue what the purpose of the Fed's QE policies were and you never will. You will be crying about the same shit for the rest of your life and you will be wrong every step of the way.

You guys really should start listening instead of making predictions or comments cause you literally have no clue what you are talking about. People would be absolutely broke if they listened to you guys, lol. $5,000 gold... that's not even logical.

 

[brucefan]

Sorry Bruce, but you've been saying the same song and Dance for Years, and you've been wrong for years. My guess is you'll continue to be for at least another couple of years. Come 2017, all bets are off. You have the same lack of credibility as all the doom and gloomers because you WANT the market to collapse to fulfill your Political agenda. I'll gladly take a sideways market for the next 2 years after the great gains of the last 6, after the pathetically labelled by an idiot "Bush Boom", in 2008 cost most Americans about a third to a half of their market and other investments.

The market won't collapse if another round of QE is rolled out. Of course, the dollar will then .


I have only been wrong about the stupidity of the investment public to not understand the reality what's a real recovery and what's not . It's shocking that no on sees the foolish money bidding up,the dollar They actually think that the U.S. is the only growing economy ,and while the world is debasing their currencies, we will be protecting ours by raising rates.

Its so silly it laughable .


Ill ask again, We are 7 years past the collapse,and in this so called recovery. Why has the Fed not been able raise rates even .25?

Lets not even speak about that fact that the balance sheet and debt has exploded to get here ?

Please, wake up

 

[The Guesser]

Lmao!! Stop guaranteeing anything. You guys are ALWAYS wrong. It's hilarious. And the dollar gaining in value is completely contradictory to what you guys said would happen with quantitative easing. While the rest of us, who actually understand the monetary system and the federal reserve have said for years that we are at a bigger threat of deflation and there is no signs that we are expected to have a large increase in inflation.

QE1,2,3 were pretty much non-events. They made very little difference to the real economy. You guys still have absolutely no clue what the purpose of the Fed's QE policies were and you never will. You will be crying about the same shit for the rest of your life and you will be wrong every step of the way.

You guys really should start listening instead of making predictions or comments cause you literally have no clue what you are talking about. People would be absolutely broke if they listened to you guys, lol. $5,000 gold... that's not even logical.

I just hope for Bruce's sake he hasn't been listening to his own advice, because it's based on hopes and wishes, not reality. When you let Politics get in the way of investments, you'll invariably get creamed. It's the same as betting on or against a team because of homerism or haterism. When it comes to money, only objective analysis, with no agenda, wins. In Betting on Sports and the market.

 

[The Guesser]

The market won't collapse if another round of QE is rolled out. Of course, the dollar will then .


I have only been wrong about the stupidity of the investment public to not understand the reality what's a real recovery and what's not . It's shocking that no on sees the foolish money bidding up,the dollar on the them that the U.S. is the only growing economy and while the world is debasing their currencies, we will be protecting ours by raising rates.

Its to so silly it laughable .


Ill ask again, We are 7 years past the collapse,and in this so called recovery. Why has the Fed not been able raise rates even .25?

Lets not even speak about that fact that the balance sheet and debt has exploded to get here ?

Please, wake up

Bruce, I'll let you argue the nuts and bolts of Fed Policy with Aki. It's above my pay grade. I only care about the results, and they've been damn good for the last 6 years. I haven't let who the President is, or what Political party is in control, affect my investments. Been Dollar Cost averaging into Mutual funds through all recent Presidents. I Hope you've been somewhat along for the ride, because you seem like a decent guy.

 

[scottcarter]

I want the US economy to grow and unemployment to fall but there are a lot of people doubting the OP's article. I don't claim to know what is real but one thing for sure ... there's a lot questions.

 

[akphidelt]

I just hope for Bruce's sake he hasn't been listening to his own advice, because it's based on hopes and wishes, not reality. When you let Politics get in the way of investments, you'll invariably get creamed. It's the same as betting on or against a team because of homerism or haterism. When it comes to money, only objective analysis, with no agenda, wins. In Betting on Sports and the market.

I can't even fathom what goes on in the head of these anti-govt loons. They are just crazy people. And they honestly don't care how wrong they are. They just move on to their next bullshit theory. Like Peter Schiff, all he does is predict everything will collapse. He ended up being right about one thing. He then went on to bat .000 afterward because it was the same doom and gloom govt is bad, get your gold crap. Defies reality, lol.

 

[akphidelt]

Bruce, I'll let you argue the nuts and bolts of Fed Policy with Aki. It's above my pay grade. I only care about the results, and they've been damn good for the last 6 years. I haven't let who the President is, or what Political party is in control, affect my investments. Been Dollar Cost averaging into Mutual funds through all recent Presidents. I Hope you've been somewhat along for the ride, because you seem like a decent guy.

When you get politics out of the way and just want to understand the actual reasoning and method behind our QE policies it makes all the sense in the world. And when you do understand it, you realize that it is a very insignificant event for the real economy. It is primarily a banking operation that has nothing to do with the real economy. It does not add money to the real economy, it does not allow banks to pump up the stock market. It is pretty much a spreadsheet operation that has only one objective to it... rates.

Ben Bernanke even went on national television to do a rare interview for the sole person of letting people know that the Fed is not printing money in these policies. They don't even consider it as real quantitative easing. They refer to it as credit easing.

And the Fed's balance sheet through this process is absolutely meaningless. All they are doing is swapping interest bearing assets out of the banking system to hit their target interest rates.

You can write off $7 trillion of our debt and it would change absolutely nothing except peoples thoughts, which is actually one of the biggest worries of the Fed.

 

[The Guesser]

[h=1]Don’t listen to anyone who says the unemployment rate is a “big lie”[/h] By Matt O'Brien February 6 at 8:11 AM

(laurelrusswurm/Flickr)

Gallup CEO Jim Clifton has discovered a shocking secret about unemployment: its definition.
Those Chicago guys didn't even bother to hide this one in plain sight. It's just sitting there in plain sight, right on the Bureau of Labor Statistics' homepage: only people who don't have a job but are actively looking for one count as unemployed. That means someone who wants work but has given up looking for it because things seem so hopeless isn't "unemployed." Neither is someone who works part-time but can't find the full-time job that they want. Or someone who does whatever odd jobs they can find. Add it all up, and our 5.6 percent unemployment rate is a "Big Lie," according to Clifton.
Okay, that's more than a little melodramatic, but he does have a point. You know who else thinks he does? Fed Chair Janet Yellen. She's emphasized that the unemployment rate doesn't show us all the slack in the labor market right now. The Great Recession put us in such a big hole that you have also have to look at the long-term unemployed, involuntary part-time workers, the participation rate, how many people feel confident enough to quit their jobs, and how much people are getting paid to get a better idea of how the economy is really doing. She's actually talked about this a lot, and so has everyone else who writes about these things ... including, you know, me.
That brings us to one last question. If the unemployment rate is so flawed how come we pay so much attention to it? Well, because it's the worst stat about labor market slack except for all the others. The problem is figuring out which people who don't have jobs are really jobless. Take discouraged workers. The unemployment understates how bad things are by ignoring them, but we wouldn't want to count everyone who's not working and not looking for a job as unemployed, would we? If we did, then we'd be saying that college students and stay-at-home parents and even retirees are just as unemployed as someone who's sending out resumés everyday. But even that's not clear cut since some people go to school because they can't find a job, and some people stay at home since child care would cost more than they'd make, and some people are forced into retirement. That's why we look, for example, at the so-called prime-age participation rate—the percent of people between 25 and 54 years old who have or are looking for a job—to figure out far away we are from a real recovery. And by that measure, we still have a ways to go.
But even that's imperfect because it doesn't tell us why people aren't looking for work. It could be that the crisis convinced more people to go to college, regardless of whether they could find a job now. That'd be good. Or it could be that wages have been flat for so long and childcare's gotten so expensive that it's not worth it for people to work now or anytime soon. That'd be bad. Or it could be both. But if either is true, it'd mean that the unemployment rate is more accurate than you might think. In other words, since we can't read people's minds, the best way we can tell what they want is to look at what they've done. That's not entirely right, but it's the least wrong.
So the unemployment rate's not a big lie. But calling it one is.

 

[Acebb]

You mean to tell me firing tons of laborers and not spending money didn't work?? We should still be spending a trillion+ more than what we are currently. But what a shocker...

Wait, what "worked" exactly? See dipshit, less than 2 weeks ago, you were posting:

Obstruct and Blame!! That's the Republican way!

And

Obstruct and Blame!!! Dirty conservatives!

Why, it is almost as if you are a silly, incoherent liar or something.

 

[Acebb]

Bruce, I'll let you argue the nuts and bolts of Fed Policy with Aki. It's above my pay grade. I only care about the results, and they've been damn good for the last 6 years. I haven't let who the President is, or what Political party is in control, affect my investments. Been Dollar Cost averaging into Mutual funds through all recent Presidents.

So your little investments are now a measure of the economy?

 

[Acebb]

Lie = made up= falsehood. You've been down here long enough to see When a POS Like Lying Ace Lies, he's making shit up.

Hey you pathetic, lying, pile of shit hen you said Bill Ayers isn't a terrorist, you lied
When you said OWS represents peaceful protest, you lied.
When you said I don't post picks here, you lied.
When you said I don't bet on the games I post, you lied.
When you said I don't write up the games I write up, you lied.

You are a laughable cocksucker who does nothing but lie on this Web site.

 

[Acebb]

"Best economy in 15 years!" LMFAO

Seven years after the recession began, only one in 50 U.S. counties has fully bounced back, according to a study the National Association of Counties released Monday.

The 2014 County Economic Tracker shows that 65 of the nation’s 3,069 counties have met or surpassed prerecession levels in four measured categories: jobs, unemployment rate, economic output and home prices.

Those places range from Anderson County, S.C., to McKenzie County, N.D., to Kodiak Island, Alaska.

National employment surpassed 2007 levels during 2014 and the U.S. gross domestic product had fully recovered from the recession by 2011. But the national unemployment rate was 5.6% in December compared with 5% when the recession began seven years earlier. And housing values in much of the country have yet to fully return.

None of the recovered counties has more than 500,000 residents.

======
Why Middle Class Wealth is Withering

http://www.cbsnews.com/news/why-midd...-is-withering/

Middle-class families squeezed as expenses soar, wages stall

http://www.washingtonpost.com/local/...9a7_story.html

Income is still significantly lower than the $54,059 during Mr. Obama’s first year in office.

http://blogs.wsj.com/economics/2015/...arts/?mod=e2tw

This lying dipshit guesser will believe anything that confirms it's political biases. Anything.

 

[Acebb]

Lie = made up= falsehood. You've been down here long enough to see When a POS Like Lying Ace Lies, he's making shit up.

You, nor anyone reading, can give an example of me lying or making anything up on this Web site. Ever.

You lying scumbag.

 

[Acebb]

You have to love this stupid "best economy in 15 years" nonsense.

There are still over 46 million people on food stamps. The economy was better in both 2005 and 2006 than it is today.

Guesser is an economic illiterate and liar.

 

[Willie99]

it's genetics

although lower energy costs, something the least prepared man in the room OPPOSES, does help economic growth. I've argued such for 7 years now