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and the stock market is rising.Just sayin'. ;D
I am hoping to unload some stock in the next few months and so would welcome a run up. However, I have to admit that any run up because of political circumstances is probably just a blip, consumer reaction to day-to-day events, rather than any sign of a sustained improvement in the economy. The GOP only controls the House, and that alone is not enough to make the economy improve. Perhaps just a stopgap for an economy in decline.For a while, I have thought that with the stimulus spending and everything else, the economy would improve, albeit on a temporary basis. The real problem is what will happen in the long term - with inflation, and crippling debt. For every dollar that Obama promises for a new rail line or some other pet project, we the taxpayers will have to come up with that money....eventually.
I too own stock and I think what we are seeing is a bubble. I am waiting to buy when the market tanks again. I picked up some blue-chips dirt cheap in the fall of '08 and spring of '09. I hope to do it again soon.
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I came across an article about the lemons and other citrus fruits in the ancient Roman world. …