Reader comments
Gains in financials, material stocks lift market
2 comments | Read story
Don't hold your breath! | 9:10 a.m. July 9, 2009
While I desire to remain optimistic, I don't get excited at all when the
markets improve a little from day to day, only to drop a little the next day or
week. I'm convinced that all the imaginary money that Obama has dumped
into the economy, is giving off false market readings, and will eventually
result in hyper-inflation, the likes of which, this country has never before
experienced. And as a result, the dollor will continue to fall into a
bottomless pit. We've yet to see the second serious wave of foreclosures of
those who in the past had great credit, and who are now unemployed; as well as,
foreclosures on commercial loans that have huge ballon payments that will soon
come due. My advise to all us little guys is, stay out of the markets. Your
devalued dollar is safer under your mattress.
Recommend
Recommendations: 0
Anonymous | 9:10 p.m. July 9, 2009
I agree with don't hold your breath. And does anybody care or notice what
is happening to the economy? I know some do but not enough....the market only
went up by a scant amount today.
Recommend
Recommendations: 0
Get today's headlines via email
Good morning edition
Deseret News Family Deals
In Business
Across Site
- Greek Parliament starts debate on...
- Boeing says it's frustrated with...
- Obama budget: New spending with...
- U.S. taxes more progressive than Europe
- Occupy protesters target California...
- Fashion Week trends: Military looks...
- Alexander Wang gets Gisele Bundchen...
- Dresses locked behind harnesses at...
- Christian Siriano brings on creatures...
- Conservatives shrug at Obama birth...
In Business
Across Site
- Faces beyond the numbers of long-term...
- Homeowners in distress hope new...
- City Creek Center means uncertainty...
- Hong Kong asserts identity to...
- Working at home improves employee...
- Fewer auto safety checks? House...
- Vatican besieged by leaks, conspiracies
- West finals: Rural residents strike...
- Greek parties mull harsh new cuts
- International Business:...
In Business
Across Site
- Bill would cut auto safety checks
24 - Utah takes $171M in settlement
19 - 19 at Gateway look to City Creek
14 - Fashion Week trends: Military looks...
7 - Penn class teaches students how to...
6 - Dresses locked behind harnesses at...
6 - Designers lend their glamour to Obama...
6 - Army officer wants humanism...
4 - Bill aims to ban Internet gambling
4 - Pepsico to cut 8,700 jobs; 4Q net rises
4






