It's all over on Wall Street....now just how long will it take for the "old ways" to finally expire?
Well, perhaps things can levitate for a while longer...but only a total sucker would linger in this house of cards.
Bank CDs are paying 3% +/- in most regions for 6 month to 18 month certificates. That is what mom and pop should be looking at.... Exactly how the dynamics of the dollar/rates/bonds/gas and stocks plays out is anyones guess...short term.
But, the long term argument for stocks is finished.
Combine that with the fact that US Corportions are among the worst managed in the world because of the GAPP GAP.
....the only thing US companies do well is downsize and give up market share these days.
The final result is not in question....only the timing is up for grabs now.
