Political discussions about everything
By johnforbes
#57750
Although we must all applaud any improvement in the unemployment rate, the headline figure is quite deceptive.

What Labor calls the "real" unemployment rate is the U-6, which is now down to 10.8 percent.

The labor force participation rate hasn't been this bad since 1978.

The stock market is celebrating, and that will increase the net worth of investors today, but...
By Clownkicker
#57755
"but..."

But... what?

Unemployment is high, business throws a party for the wealthy.
This isn't news. What's your point?

You regularly post this crap without any relevant commentary.
Factoids without context are meaningless.
The unemployed already know they are unemployed.
If you're posting this for the clueless conservatives here, they will just laugh and join the party.
By johnforbes
#57756
Clownhicker, not everybody is delimited to prancing about saying "Socialism is good" or "My party is better."

As an investor, I want to know the trend. Sure, the trend is slow employment improvement.

But an investor must know where we are, and we are at 10.8 percent real unemployment and 62 percent labor force participation.
By elklindo69
#57784
Does the unemployment rate have any impact on the investment thesis of any of your holdings?

Does the unemployment rate impact the competitive positioning of any of your holdings?

You tell us.......
By johnforbes
#57856
Of course, it does.

Any person investing today must think in global terms, with as little home country bias as possible.

So your equity stake would be underweight re a country with subpar economic growth.
By elklindo69
#57860
Define subpar?

US GDP growth is supposed to grow around 2.5% for a number of years.

I know for sure that there are certain domestic businesses that will grow earnings at least 15% over the next 5-10 years.

Stop trying to sound smart forbestardo, this shit ain't rocket science...

:lol:
By johnforbes
#57887
Young master Elkin, nobody needs to try to sound smart around you.

Your juvenile postings make it clear you are a dope.

And not an investor at all or you wouldn't even ask such moronic and rhetorical questions.

There's always a bull market somewhere and in something, and for my speculative percentage I'm seeking it just as other investors do.

And, since the 1970s, I've been seeking that globally, as all investors should, setting aside domestic politics and home country bias in the quest.
By johnforbes
#57890
In 2009, I was thinking in terms of 60% of the equity portion of a portfolio in U.S. or U.S.-based outfits.

(Note the words "of the equity portion" -- not the overall total.)

Today, after the market action and in view of a number of iffy aspects of the American economy (real unemployment at 10.8%, 46 million on food stamps, 93 million out of the labor force, and 12 million illegal immigrants pulling down wage scales), I'd be suggesting more like 35% U.S. stock in the equity part of a portfolio.
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By RealJustme
#57893
Today, after the market action and in view of a number of iffy aspects of the American economy (real unemployment at 10.8%, 46 million on food stamps, 93 million out of the labor force, and 12 million illegal immigrants pulling down wage scales), I'd be suggesting more like 35% U.S. stock in the equity part of a portfolio.
If you have money, spend it now while's it's worth something, Obama and other socialists have us on Greece's path and you can bet Germany isn't going to bail us out like they did Greece the first time. Germany and other countries learned the hard way that if bail out a socialist country, they'll only use that money to "increase socialist programs" spending even more than before with no thought of tomorrow.
By johnforbes
#57928
We all realize, at this point, the sad truth that we are witnessing the tail end of American greatness.

It is sad because so many brave pioneers, so many soldiers, created in America the best big country in human history.

Today, immigrants no longer come to America to join the melting pot. There is no draft to create a sense of shared sacrifice. The lure of "diversity" is that we can all emphasize our differences and avoid any sense of unity.

Legal and illegal immigrants today come to America for the benefits (taxpayer-provided schools and food stamps and health care) -- for freedom, not for capitalism, not to join a great country.
User avatar
By RealJustme
#57929
We all realize, at this point, the sad truth that we are witnessing the tail end of American greatness.
It's really sad when our own President and First Lady tell young blacks America sucks and be prepared to be held back because of their skin color because it's happen their whole lives and even as President and First Lady they are being deprived of what it rightly owed them. Michelle told the blacks she spoke to that the injustices done to her and Barack keep her awake at night in anger and that they should be aware of those injustices and be prepared to stand together and fight for what's owed them.

How and in the world did we get to this point?
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