Comments - The 14,000 - TBD2024-03-29T01:45:10Zhttps://teebeedee.ning.com/profiles/comment/feed?attachedTo=1991841%3ABlogPost%3A1466840&xn_auth=noFor an investor the four year…tag:teebeedee.ning.com,2013-02-03:1991841:Comment:14677922013-02-03T13:52:33.045ZMandy Muffinhttps://teebeedee.ning.com/profile/MandyMuffin
<p>For an investor the four years of Obama have not been bad. If you didn't panic and sell all your equities after the 2007-8 stock market catastrophe and listened to your broker's advice, you are in great shape now. At my age, I keep only 50% of my wealth in the equity markets. IMHO, the stocks in America's fundamental industries and services are doing well because companies have adopted to the new environment. That's what companies do, they adjust to survive and even excel. In the…</p>
<p>For an investor the four years of Obama have not been bad. If you didn't panic and sell all your equities after the 2007-8 stock market catastrophe and listened to your broker's advice, you are in great shape now. At my age, I keep only 50% of my wealth in the equity markets. IMHO, the stocks in America's fundamental industries and services are doing well because companies have adopted to the new environment. That's what companies do, they adjust to survive and even excel. In the meantime they have shed jobs, streamlined their organizations and modernized using the latest technology. Also, some have expanded manufacturing off-shore. I don't think much of this has been due to helpful government policies. But I could be wrong. </p>
<p>The labor market is something else, as the number of private jobs in America has shrunk and also participation in the labor force is at historic lows. The growth has often been in government employment. Many are suffering unemployment or underemployment. The "shadow employment report" show an actual unemployment/under employment rate in the low 20% range, or nearly one-in-four. <a href="http://www.shadowstats.com/alternate_data/unemployment-charts" target="_blank">http://www.shadowstats.com/alternate_data/unemployment-charts</a> If we don't increase the workers purchasing power the consequences are not pleasant to contemplate. It is the beginning a house of cards that is built on government subsidizing the economy by jobs and deficit spending. This is a not a solid foundation. </p>
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