Where is the US economy headed?

I have lost about $40,000 in the past week in the market. I began major diversification about 2 years ago heading more on the lines of global funds. I am not worried at this point in time. I expect that in 2 r 3 months the volatility will settle. I am an optimist re the economy.

I have lost about $40,000 in the past week in the market. I began major diversification about 2 years ago heading more on the lines of global funds. I am not worried at this point in time. I expect that in 2 r 3 months the volatility will settle. I am an optimist re the economy.

dyslexia wrote:

I have lost about $40,000 in the past week in the market. I began major diversification about 2 years ago heading more on the lines of global funds. I am not worried at this point in time. I expect that in 2 r 3 months the volatility will settle. I am an optimist re the economy.

So Bush is your man - doing a great job with the economy?

I have been a Bush supporter in regard to his tax cuts. I was only needling dyslexia because I get the impression he greatly dislikes Bush and has made negative comments on the economy in the past, yet he now says he is optimistic in regard to the economy.

While it doesn't seem to have merit with the ilk of okie,

Quote:

More than two thirds of Americans believe the U.S. economy is either in recession now or will be in the next year, according to a new NBC/Wall Street Journal poll.

That assessment comes despite the fact that, since the recession that ended early in President Bush's term, the U.S. economy has experienced sustained growth with low inflation and unemployment and generally rising stock values.

The NBC/Journal poll also reflected some mixed feelings about the economy. Just 15% and 16%, respectively, rated current conditions as very good or very bad. Yet growth in consumer spending has slowed, and concerns over health costs, job security and the rich-poor gap have left Americans downbeat about the road ahead.

"They're ambivalent about the current economy but pessimistic about the future," says Republican pollster Neil Newhouse, who conducts the Journal/NBC survey with Democratic counterpart Peter Hart.

"The macro-economy is reasonably healthy," observes Mr. Corzine, former CEO of Goldman Sachs. "But the reality for the majority of America is they're lucky if they hold on….The numbers are different from what the feel is on Wall Street."

Poll respondents expressed limited anxiety about the affects of either the housing market decline or stock market turbulence on their personal circumstances. Just 20% said shifting stock values lately have had a negative impact on their finances, while 17% said the same about home price declines.

I have lost about $40,000 in the past week in the market. I began major diversification about 2 years ago heading more on the lines of global funds. I am not worried at this point in time. I expect that in 2 r 3 months the volatility will settle. I am an optimist re the economy.

dyslexia wrote:

I have lost about $40,000 in the past week in the market. I began major diversification about 2 years ago heading more on the lines of global funds. I am not worried at this point in time. I expect that in 2 r 3 months the volatility will settle. I am an optimist re the economy.

If you're not worried in the face of losing $40,000 to the stock market, surely you wouldn't mind wiring $40,000 to me? Just trying.

Third in line.

But somehow I doubt he would give anything to the "ilk of okie?"

P.S. I would never have suspected from the picture that a supposed hick from Wolf Hole, AZ would be an investment guy on that scale.

okie wrote:

Third in line.

But somehow I doubt he would give anything to the "ilk of okie?"

P.S. I would never have suspected from the picture that a supposed hick from Wolf Hole, AZ would be an investment guy on that scale.

I'm quite sure a lot of things about most of the a2k posters would surprise you.

Dys, does this mean you are the only librul that isn't on welfare and being supported by okie?

parados wrote:

Dys, does this mean you are the only librul that isn't on welfare and being supported by okie?

Dys is a limousine librul. The worst kind of them all. Like George Soros, Dys plays the stock market whenever he's not busy hating America. Are the recent stock market troubles all his fault? I reported, you decide.

okie wrote:

Third in line.

But somehow I doubt he would give anything to the "ilk of okie?"

P.S. I would never have suspected from the picture that a supposed hick from Wolf Hole, AZ would be an investment guy on that scale.

I'm quite sure a lot of things about most of the a2k posters would surprise you.

Thomas wrote:

parados wrote:

Dys, does this mean you are the only librul that isn't on welfare and being supported by okie?

Dys is a limousine librul. The worst kind of them all. Like George Soros, Dys plays the stock market whenever he's not busy hating America. Are the recent stock market troubles all his fault? I reported, you decide.

exactly. I also graduated the 8th grade,

dyslexia wrote:

I have lost about $40,000 in the past week in the market. I began major diversification about 2 years ago heading more on the lines of global funds. I am not worried at this point in time. I expect that in 2 r 3 months the volatility will settle. I am an optimist re the economy.

If you're not worried in the face of losing $40,000 to the stock market, surely you wouldn't mind wiring $40,000 to me? Just trying.