Obama Stocks Belie Reality Of Unemployed/Out Of Workforce

Wall Street

With upwards of 50 million unemployed out of a population of 330 million, and a mendacious “healthcare” plan that is anything but (having been deceptively foisted on We The People), the current stock market belies the fact that it is fueled on bogus “money” being printed at the rate of $85 billion per month by the puppet-meister Bernanke. Record Federal Reserve stimulus, interest rates around zero percent and a doubling of corporate profits since they fell to a five-year low in 2008 helped sustain stock increases under Obama. The rally that began just after he took office now exceeds the average length of bull markets by almost a year and valuations are up 18 percent in 2013. Add to that prospects for the Fed to curtail stimulus, threatening higher borrowing costs, and the outlook for further gains under Obama is grimmer. Signs are building that it might not last .. continues ..