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  • As Consumer Mood Sours, Are Investors Overly Optimistic?

    From morganstanley.com

    U.S. consumers have a lot on their minds recently, weighed down by the coronavirus Delta variant, a more-sluggish-than-expected jobs recovery, inflation worries and the spectacle of political wrangling in Washington, D.C. At the same time, financial markets seem to be “climbing a wall of worry,” confident that these growing anxieties about inflation, supply-chain disruptions and the economic drag from the pandemic will soon pass. We believe the consumer perspective warrants attention. Negative sentiment, especially heading into the year-end holiday season, could presage market weakness, catalyzed by ... (full story)

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  • Edited at 5:54am Oct 13, 2021 5:42am | Edited at 5:54am
  •  traderathome
  • Joined Mar 2008 | Status: PVSRA with Traderathome | 1,347 Comments
This line is an understatement....."We believe the consumer perspective warrants attention."

Given that 80%+ no longer have even a "pot to piss in"......or well founded fears that is the situation they might soon face.....and given that corporations (the entitled rich) are hell bent on running things to further fatten their asses and accounts....one must, sooner or later, face the mathematical fact.

The downtrodden outnumber the entitled rich. And the entitled rich hoard. They don't spend enough of their thieving's to keep any country's economy afloat!

What we need to do is to pay the highest wages/salaries to those that will go on spending sprees once they have the money to do so!

Send CEOs on totally unbenefited sabbaticals for a year. Put hobos into their offices, a different one each day for $5000 for the day. Year end...the corporations will have better P/L statements. The CEOs do nothing except siphon profit off into their pockets. The enriched hobos will spend and strengthen the economy.....especially if we raise the minimum wage to $50/hr. for everyone that is actually doing all the real work, and place strict limits on the values of "executive entitlements" the "entitled wealthy" give to themselves via their corporations and successfully lobbied tax loopholes.

Yes, this line is an understatement....."We believe the consumer perspective warrants attention." Time now is to stop repeating the obvious and START DOING SOMETHING ABOUT IT!

 
 
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  • Posted: Oct 13, 2021 2:41am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 828
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