 Wysłany: Pon 19:04, 19 Sie 2013 Temat postu: Spacey's 'House of Cards' and the American economy |
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| Spacey's 'House of Cards' and the American economy
Have you watched Netflix's "House of Cards?" I started episode one, got hooked and ultimately raced through all 13. Kevin Spacey is enormously talented. Robin Wright inspired me to don my jogging shoes. reporter Zoe Barnes will give you significant pause. The whole time I was enjoying "House of Cards" though I kept reflecting on the American economy and the series title. Can there be a more apt description of the market's recent high? Paul Krugman's New York Times column "The Market Speaks" addresses the disconnect between "productivity and wages," or more generally the psychological distance between the stock market and the actual economy (Wall Street and Main Street),roger vivier shoes ourlet, a chasm that has created an eerie disparity for investors. Consider this. The last time the Dow hit 14,000, in October of 2007, there were only 7.2 million unemployed Americans. 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Buying CD's is akin to burying money in the back yard, and won't help you keep up with rising costs, like $4 a gallon gas or Half n' Half cartons that cost $5 a throw. Krugman admits though that not all is well with such an economic picture. "What,merrell shoes outlet, then, are the markets telling us… Those low interest rates are the sign of an economy that is nowhere near…full recovery… So the message from the markets is not a happy one." "Not only are workers failing to share in the fruits of their own rising productivity," he wrote, "hundreds of billions of dollars are piling up in the treasuries of corporations that,merrell outlet, facing weak consumer demand,giuseppe zanotti outlet online, see no reason to put those dollars to work." Have you watched Netflix's "House of Cards?" I started episode one,isabel marant buy, got hooked and ultimately raced through all 13. Kevin Spacey is enormously talented. Robin Wright inspired me to don my jogging shoes. reporter Zoe Barnes will give you significant pause. The whole time I was enjoying "House of Cards" though I kept reflecting on the American economy and the series title. Can there be a more apt description of the market's recent high? Paul Krugman's New York Times column "The Market Speaks" addresses the disconnect between "productivity and wages," or more generally the psychological distance between the stock market and the actual economy (Wall Street and Main Street), a chasm that has created an eerie disparity for investors. Consider this. The last time the Dow hit 14,000, in October of 2007, there were only 7.2 million unemployed Americans. Now 12 million, almost twice that number, are unemployed, and additionally there are 18 million underemployed. So make no mistake: the economy is still in the doldrums. And yet,Merrell Online, nothing seems to stop the Dow's ascent. The SEC charges the state of Illinois with securities fraud? The Dow goes up. and international corporations, combined with some defensive sectors to protect against the eventual pullback, can make 2013 a good market year for many intelligent investors. Truth be told, as long as the Fed continues pouring money into the market and sitting on interest rates, the run up may continue. Chairman Bernanke's low rate policy was designed to drive people into the market, and in that sense,buy roger vivier shoes, he has succeeded. Inflation at the grocery and gas pump is also steering people to the market. Buying CD's is akin to burying money in the back yard, and won't help you keep up with rising costs, like $4 a gallon gas or Half n' Half cartons that cost $5 a throw. Krugman admits though that not all is well with such an economic picture,Buy Isabel Marant Sneakers. "What, then, are the markets telling us… Those low interest rates are the sign of an economy that is nowhere near…full recovery… So the message from the markets is not a happy one." 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