<p>Because the politicians have borrowed hundreds of billions of dollars, and spent the money THIS year. But that money will have to be paid back over the next 50 years.
Kind of like running up your credit cards. Things seem great when you can simply charge your card for whatever you want to buy. Until the day comes when you have to pay it back. So basically, the benefits have been frontloaded, with the detriments being backloaded.</p>
<p>For example, social security. The politicians have raided the social security trust fund, and have spent everything in it, and more, NOW, so there is no money in it any longer to pay social security for the baby boom generation, which is fast approaching age 65. </p>
<p>After the election, the people will then we told this true state of affairs. That America is going the way of Greece and Spain.</p>
<p>Yes, it’s a premium outlets shopping center - it’s a Main St style that you see in the South (eastern US).</p>
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<p>I don’t know. People drive to the NH malls from about 10-15 miles away in MA but I think that it is usually for electronics and furniture. Clothing only gets taxed in MA if it’s above $175 per item. If they do come up here, I think that it will be for the selection mostly; the prices may be a secondary attraction. The malls here are packed in the last 2 months of the year and there are a lot of cars with MA plates. The malls up here have been very busy in January and February this year too. People must have big houses to hold all the stuff that they are buying.</p>
<p>I bought a lot of clothes in January and February and I’m donating or tossing my old stuff that’s not way too big. There are some other areas of my wardrobe that I could adjust too (I’m wearing dress shirts to work that are pretty generous in material) but no hurry there.</p>
<p>BTW, took a tiptoe back into the market. Just about all of the econ news was good this past week - that was a shocker to me. The US dollar is heading north which explains why my favorite retailers did so well Thursday and Friday - they’re going to be able to get their merchandise at a better exchange rate and sell it here.</p>
<p>There are still headwinds - the jobs stuff is good news but barely - we really need it to accelerate and I can’t see that happening quickly because we have overhangs in many areas. So things are slowly getting better but I don’t see things booming anytime soon which means that an awful lot of people will still be hurting for 3-5 years.</p>
<p>The DOT wants to widen the highway from four to six lanes on the
turnpike. If there’s an accident or any traffic issue, the turnpike
and surrounding roads can get get gridlocked for hours. We had an
accident last week that closed one side of the turnpike for several
hours (the other side was closed for a shorter period of time).
Basically a road-rage incident.</p>
<p>The traffic preductions are pretty high which is what I expect. I
take the back roads because I don’t like to drive on the highway. I
find the speed limit too high given the hills and curves and prefer a
more relaxing drive to work. I also drive during off-peak times so I
won’t run into any traffic jams - just traffic that’s a little
heavier. If it becomes a problem, then I will work at home more
often.</p>
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<p>I believe that it will. People shopping will stop for gasoline (it’s a
lot cheaper here than in MA), food (area restaurants). Not sure about
supermarkets, hair dressers, etc. People already come up to New
Hampshire for auto service, tires, etc., to save money. The premium
outlets mall just gives them another reason to come up here.</p>
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<p>The premium outlets won’t have food places so that should help local
places.</p>
<p>Mom-and-pops are hurting because there isn’t critical mass to get
people to come to our town. We have tolls all over town which killed
the businesses at one of the interchanges because people didn’t want
to have to pay to get back on the turnpike. We’re the only town in the
state with tolls on all of our interchanges and the tolls in our town
are used to fund highways all over the state. Legislators will admit
that it’s unfair to our town but we don’t have the political power to
do anything about it.</p>
<p>I do think that mom and pops will benefit from the shopping center
but I haven’t asked. I guess I’ll ask the next time I go to one of
these places. I don’t go to these places as often because of my
low-carbing but I do pickup gyros and salads from these places from
time to time.</p>
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<p>It’s the only game in town. And now even the Europeans that used
to chastise us about how conservative they were and how profligate
we are have had to play the same game. The game can continue with
enough players globally. But it means that it’s an expoential game
and that means some big winners and lots and lots of losers at
every stage.</p>
<p>“BTW, took a tiptoe back into the market. Just about all of the econ news was good this past week - that was a shocker to me. The US dollar is heading north which explains why my favorite retailers did so well Thursday and Friday - they’re going to be able to get their merchandise at a better exchange rate and sell it here.”</p>
<p>That’s interesting analysis.</p>
<p>I don’t know what I am going to do… The last 4 to 5 years I have been spending a lot of time with this firm…and lately…a lot of energy…and I now realize that this firm is not going to turn out the way I was hoping. And now…I am giving advice to the firm that is probably against my own self interests…but which may be good for others. And this firm has taken a little of my attention away from my investing or trading. </p>
<p>I really missed the rally from 2009…I occasionally buy dips…but never enough…which is why I start threads complaining about what is happening to savers… </p>
<p>I would wish you good luck on your latest trades…but really…I want the market to go lower. :)</p>
<p>“It’s the only game in town. And now even the Europeans that used
to chastise us about how conservative they were and how profligate
we are have had to play the same game. The game can continue with
enough players globally. But it means that it’s an expoential game
and that means some big winners and lots and lots of losers at every stage”.</p>
<p>Yes…</p>
<p>I don’t like to drive. I don’t like traffic. I don’t like toll roads. I rarely…almost never end up on a toll road… I don’t think there is a toll road anywhere near me. A toll road would be a negative if I had to Choose between 2 destinations and I had to drive on a toll road with one choice.</p>
<p>I’m out of daytrading - can’t daytrade and work and I’ve been working a lot lately. So I’m into longer trades, swing and even investing. I did well in January and February on NKE and UA and should have got back in yesterday but I was cautious. I will look next week and may nibble on those two or others - my bias is towards luxury retailers.</p>
<p>These nice cyclical rallies come once or twice a decade so you really have to make the most of them when they arrive. Some think that we are heading into a major bull market mode. I’m in trend-following mode so I just ride with the market. If I have to get out, then I get out.</p>
<p>I’m sure that there are many that got out at good or bad times and have been frustrated watching this market go up. Hey, I was only out for four days and I was frustrated.</p>
<p>“I’m sure that there are many that got out at good or bad times and have been frustrated watching this market go up. Hey, I was only out for four days and I was frustrated.”
Lol…</p>
<p>I can’t daytrade anymore…and I don’t really miss it anyway. Most days this year…the market goes to where it is going to go quickly…early in the day…and then sits.</p>
<p>I do believe in trends… I was in the market for a long time…and I was mostly out for a long time. Swing trading sounds interesting to me.</p>
<p>I also read that people think we are now in a new secular bull market. I don’t really think so…but what do I know? The markets right now are government dominated…public participation is so low. I think the markets are very distorted. That bugs me. I know…you have to play the hand that is dealt. :)</p>
<p>I really hope the 2020 job market recovery prediction is wrong. I do believe the economy is in an upswing and unemployment is improving. Housing crisis is over for the home front and hopefully commercial will follow, especially in the SF Bay Area.</p>
<p>Just look at the traffic on 101, 580, 880 and 280, during the height of the recession, the traffic was very smooth running, now, we are getting congestions.</p>
<p>I think that some areas are doing well. I would expect San Francisco to be doing well. Boston is doing well too. So is my state. I’d guess energy states are doing well too. But there are a lot of places that are not doing well. It will be an uneven recovery and I do think that it will take many, many years to get back to decent employment levels - and that’s even assuming that we don’t have another downturn.</p>
<p>Boeing is hiring and when Boeing is good, everything else is pretty good. The beauty of Boeing is great health benefits. That stability alone has done wonders for our household. It removes one source of economic stress and unpredictability.</p>
<p>It’s always good to hear good news about employers.</p>
<p>There’s a big conflict between China and the EU over their carbon tax - it appears that China is threatening or is doing a cancellation of $4 billion in aircraft from Airbus over the conflict. That could be very good news for Boeing.</p>
<p>Shares changing hands on all exchanges fell 16 percent to 5.23 billion today from March 9, while S&P 500 composite volume slipped 17 percent to 2.17 billion shares, data compiled by Bloomberg show. Those are the lowest daily levels excluding holiday weeks since Bloomberg began tracking the data in 2008.</p>
<p>A rally that has restored more than $3.2 trillion into U.S. equities has failed to lure investors following one of the most volatile years on record. While the S&P 500 reached its highest level since June 2008 on March 1 and has had its best annual start since 1998, individuals are shunning equities after they were burned in 2011 by Europe’s debt crisis, according to Mark Turner, head of U.S. sales trading at Instinet Inc. in New York.</p>
<p>Fwiw, i am net cash/short in non-retirement accounts and have gotten both eyes blackened…net long in retirement accounts and have made a nice windfall…But how many people are partaking in the casino on Wall Street,average Joe is not</p>
<p>Most think that the rally is unstainable - that’s why it probably is sustainable. I think Mr. Market likes to screw as many people as possible for as much money as possible. Go long and buy protection.</p>
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