World Economic Outlook Has Turned Downward

I don't normally give financial advice but here is my plan:

- invest heavily in stocks for the next 8 years
- start switching to bonds as interest rates rise (e.g., >4% for 10 yr).
- wait for the market crash in year 8 or so - should be a doozy
- buy back stocks after the crash.

Use at your own risk!
 
I just ABC News flat-out lie about the latest NFP/jobs report.

They said 150K monthly is enough to sustain population growth and new entries.

Complete BS

The number needs to be around 240-250K.
 
The 2016 Unemployment Rate 2016 averaged 4.9%

Bush's last year was 5.8% -- however, the rate would have been 3.3% had the workforce been so small as it is now

Average Unemployment Rate
5.20% Clinton
5.26% Bush
7.46% Obama (despite millions leaving the workforce; thus helping to reduce the rate)

However, if we use use U-6, which is probably more realistic since it is a broader measure, which does not count those who fully left the workforce --
9.02% Clinton
9.16% Bush
13.68% Obama
Noting that the labor participation rate is at its lowest since WW1
 
I35 said:
and that's not even talking about the $10 trillion he spent to help the economy help job growth.
Click to expand...


His original "stimulus plan" was one of the great frauds of all time
That kind of thing should be illegal
 
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Amazon is taking over the economy. Recently I've heard that it is branching into Prescription Medicine Refill & Distribution, it bought Whole Foods, now delivery services. If this was a game of monopoly, Bezos would win in a landslide.
 
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