Guillotined as the action in the bomb market indicating the economy is improving we dont need those kinds of stocks anymore the market is constantly trying to predict the future, takes inputs, aggregates them, the consistent growers are out and the cyclicals are in thats right, the companies that can build big numbers when the economy is in shape, theyre back theres just one problem, the random set of inputs and outputs is missing a key ingredient, emotion. If you want to be a successful investor, you need to check your emotions at the door and right now thats not happening. Let me show youwhat i mean why dont you take a stock we all know, merck, then amazeingl it spent two decades lots in the wilderness until they discovered keytruda mostly lung cancer, in trials for many types of tumors, the strength of keytruda breathed new life into merck stock. Now merck has dropped five bucks in two days with the darn thing coming back down to 81 at its hideous lows, it was down nearly 10 from la
Clear winners while the homebuyers, there is less incentive to become owners. Scarlet i wonder if it is a terrible thing to be become like a germany. Joe we do have this history of encouraging homeownership. We got the housing bubble. It hurts renters instead of homeowners. Why not see if it balances out and not give a preference to one or the other . Lawrence the bubble was clearly a mistake and it arose from the subprime lender. From the societal point of view, it will enlarge the middle class , having a nation of property owners. Rather than having a nation of tenants. The fact that we have a solid majority of americans owning a home, and look at the overall wealth situation. Homeowners can only have a net 200,000, while the renters are stuck at 5,000. That is a dramatic difference. In order to a large the middle class, we need to encourage more Property Ownership rather than encouraging renting. Julia could we look at the 2 different bills we have going, whether it is the house or