Thats why the dow roared 82 points and the s p gained and the nasdaq rallied. The Federal Reserve has been leaking that we could get a quarter point rate hike and then a forceful statement that nothing will happen again unless we get concrete evidence that the u. S. Job growth is accelerating. Now the bulk of you who never played this rate hike, rate cut game probably think these attempts are pure silliness. I wish that could be the case. I wish i didnt have to talk about it. But its anything but. Its very important. First lets understand the fundamental concept behind the bull market we had and why it has gotten tenuous of late. With bonds yielding so little theres a mad scramble for income where ever it can be found. Younger people may not understand this at all. After they put away the first 10,000 they want to buy the highest growth stocks. Book, amazon, any of these companies that the Younger Generation endures. Netflix, fitbit. Theyre quite exciting. Thats because young people ca
About it. But its anything but. Its very important. First lets understand the fundamental concept behind the bull market we had and why it has gotten tenuous of late. With bonds yielding so little theres a mad scramble for income where ever it can be found. Younger people may not understand this at all. After they put away the first 10,000 they want to buthe highest growth stocks. Book, amazon, any of these companies that the Younger Generation endures. Netflix, fitbit. Theyre quite exciting. Thats because young people can afford to take this kind of risk. They have their whole lives ahead of them and all of those paychecks to make the money back if they end up picking a go pro, a grubhub or a stock thats cool. Other people that cant take that risk instead search for stocks that can give them more capital preservation and yield than just pure capital appreciation. Each other. Weve had very few opportunities for income this year since the fed took rats down to nothing. Yes you can own t
Game probably think these e attempts are pure e lliness. I wish that could be the case. I wish i didnt have to talk about it. But its anything but. Its very important. First lets understand the fundamentataconcept behind the bull market we had and why it has gotten tenuous of late. With bonds yielding so little theres a mad scramble for income where ever it can be found. Younger people may not understand this at all. After they put away the first 10,000 they want to buy the highest growth stocks. Book, amazon, any of these companies that the youngerer generation endures. Netflix, fitbit. Theyre quite exciting. Thats because young people can afford to take this kind of risk. They have their whole lives aheaeaof them and all of t tse paychecks to make the money back if they end up picking a go pro, a grubhub or a stock thats cool. Her people that cant take that risk instead search for capital preservation and yield than just pure capital appreciation. Those are the battle against each ot
But its anything but. Its very important. First lets understand the fundamental concept behind the bull market we had and why it has gotten tenuous of late. With bonds yielding so little theres a mad scramble for income where ever it can be found. Younger people may not understand this at all. After they put away the first 10,000 they want to buy the highest growth stocks. Companies that the Younger Generation endures. Netflix, fitbit. Theyre quite exciting. Thats because young people can afford to take this kind of risk. They have their whole lives ahead of them and all of those paychecks to make the money back if they end up picking a go pro, a grubhub or a stock thats cool. Other people that cant take that risk instead search for stocks that can give them more capital preservation and yield than just pure capital each other. Weve had very few opportunities for income this year since the fed took rats down to nothing. Yes you can own ten yeared treasuries and make 10 change. Thats a
Newtown, connecticut. Our words can do little to ease your pain. But you know this. We are with you in this incredibly difficult time. And recognize that you are who we are thinking about, even as we try to focus on our work today. So as for the markets, it was another weak day. Dow dipped 36 points. S p gave up. 41 . Nasdaq declined. 70. A lot of that again because of apple. You know the drill as we head into the weekend. Im not expecting to hear any progress on the fiscal cliff. But you know, i always watch the sunday morning talk shows now very closely and im looking for some politicians saying something encouraging. What does encouraging mean . It means a republican uttering the two words tax increase without the word no before it. And the democrats uttering two words, spending cuts, without the word no before them. Neither seems to be able to pull off that syntax, though. At this point i think weve got to assume that the washington people, they cant get it together. Weve got to gi