about this blog
- Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company.
He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."
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Dana Swan
The stock market will follow the economy as it falls. Lets see: Wages have been rising slower than the cost of living in the USA since the '70s. Remember the US family had the spouse go to work in the '80s to make ends meet, then, in the 2000's the US family used debt to make up for lost income. Note: The working class uses debt to buy things. But, the wealthy use debt to buy assets that make cash. Assets and cash are pooling with wealthy and debt is pooling with the working class. And the economy is locking up with the debt drying up from troubled lending instutions.....
Justin
The nationalization of the GSE's will bring the rally back. For how long I don't know. Geopolitical strife is always a wild card. Timing the market is grand and all if you can do it, but if you want to play it safe, just short the market where it's at now and don't try to play for this rally. We're going so much lower as the great deleveraging of 2008 continues before we go into a state of global mega inflation. Negative real interest rates. Hard assets and commodities. Trade your paper for real goods, services, and products. Holding US pesos and any long term bonds is suicide. Inflation will destroy the real purchasing power of the money you have.
Michael H
The economy has been artifically propted up by the government for quite a while. It seems it is trying to correct itself now. The government can't keep equilibrium at bay forever.