GDP calculations changed,unemployment statistics fail to capture those who have dropped out of the labor force(labor participation rate).Deficit as a percentage also fails to mention most of the savings are from the FED holding interest rates at 0 reducing our interest expense from 14% of the total federal budget to just 7% this year,when rates go up(if)that will change.
How about mentioning the main driver of the DOW,the FED and foreign central banks buying?This fact was confirmed by congress on 12/31/2014,and by the CME group on 8/30/2014(The CME even gives discounts to central banks and the FED for trades).
Congressman Confirms Foreign Central Banks Buying US Stock Futures Is Good For Liquidity | Zero Hedge
Central banks get discounts for trading EVERYTHING through CME Group and Comex | Gold Anti-Trust Action Committee
Add to all that the INSANE printing going on.QE may have ended but that has not stopped the FED printing.No the FED has been printing even more than during QE,and doing foreign currency swaps(mainly Yen and Euro's).Why? Because legally the FED can not buy stocks,BUT they can "invest" foreign reserves(ie buy stocks).Of course thanks to our congress critters we do not know how much they are "swapping" for 2-4 years depending on which program they use.It should be telling though that in 2008 alone they did over 12 trillion in swaps(plus 4 trillion in loans).
Currency in Circulation - FRED - St. Louis Fed
Oh,the funny part.How about the currency in circulation?
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Wish more people where smart like this.
No surprises here... he drinks his beer with a damn raised-pinky
Tweeters aren?t happy that Pres. Obama drinks his beer with a raised pinkie #SB49 | Twitchy
Really?
All the crap he does, and that's what people are worried about?
Adam Mermer via Being Liberal February 1 at 8:13am · . Another "responsible gun owner" And another reason why I consider anyone possessing deadly force to be a danger to public safety and should be dealt with appropriately. With the same lethal force they threaten everyone else with.