The upside is 'if' there isn't a huge crash and 'if' the economy improves and 'if' there are more people off entitlements and working in ten years the stocks may increase substantially.
http://www.newsmax.com/Newsfront/ANNOTATED-BB-BESTTOP-BIZNEWS/2012/11/19/id/464629
The post-election rout in U.S. stocks has driven the Standard & Poor’s 500 Index down so far that it would have to advance 26 percent to reach the valuation of bull markets since John F. Kennedy was in the White House.
Investors have seen $806 billion erased from the value of American equities since President Barack Obama was re-elected Nov. 6 in the biggest decline since May. The combination of falling stocks and rising profits as the economy recovers has left the S&P 500’s price-earnings ratio below the ending level of eight of the nine bull markets since 1962 and beneath the average of any since Ronald Reagan was in power.
Bears say the 4.8 drop in the S&P 500 and valuations show investors are losing confidence that Congress and Obama will reach a budget compromise that would keep the recovery from stalling. Bulls, including the top strategists at six Wall Street firms, say that the declines are another reason to buy and that stock prices from Apple Inc. to Dollar Tree Inc. are bound to improve as earnings increase.
“The stock market looks cheap because people are way too pessimistic about what growth looks like for the next 10 years,” said Brian Jacobsen, who helps oversee $208 billion as chief strategist at Wells Fargo Advantage Funds and predicts the S&P 500 will rise 47 percent to 2,000 in 2014. “You can get big and rapid moves in the market when expectations are so low.”
Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Newsfront/ANNOTATED-BB-BESTTOP-BIZNEWS/2012/11/19/id/464629#ixzz2Cg8FoAVL
Replies
To believe in the influence of the "free will of the people" on the share price on the stock exchange, can only very naive person. It is just as "data on oil reserves in the U.S. storage" affect the price of oil barrel. About hydrocarbon reserves, it is generally the secret information that can not be made public, in any country.But this information, however, are widely available. Strange? No, if we understand that this is a farce, a bad game.
Reply by DCERON 14 hours ago
(this reply is to another post but apt here)
Please understand, they do not want change, they satisfied. The only thing they would like to do is to reset the system back to its original state. Of course, they would like to build something like the slaveholding of ancient Rome, but it is only a dream. Communism or socialism, to their dreams does not have any relationship, it can be said contradicts them.
(there employing soviet tactics)
The Bolsheviks, for your information, not communists, they are social democrats.
Read more: http://www.ashtarcommandcrew.net/forum/topics/bolshevik-controlled-...