If I told you I found ONE honest, unbiased, fair and what I believe accurate article would you read it?
or choose remain ignorant , troll snappy comebacks , little jibes @ opposition?
yeah, know....i mean. what! read it.
-i have copy , paste entire article since source isn't available unless subscribe;
new york (marketwatch) -- leaders coming out of crisis same enter it.
that's true corporate america , applies many of folks high on societal pedestal.
in summer of 2007, minyanville openly asked if fall grace of well-known icons such paris hilton, lindsay lohan , britney spears indicative of shifting social mood , extension, might predictive financial markets.
notion seems silly on face; obsession whereabouts of trio of social starlets couldn't further removed inner-workings of wall street. posited question, however, social mood , risk appetites shape financial markets; sure enough, tape turned lower few months later.
chasm of discord has again emerged in american society; it's evident in great divide between haves , have nots, red states , blue states , main street , wall street. moreover, high-profile public-relations disasters such tiger woods, ben roethlisberger , jesse james suggest socionomic tide has turned anew.
warren buffett, esteemed patriarch of finance, has come under scrutiny of late due close-knit relationships goldman sachs group inc. , moody's corp. . when oracle of omaha, considered epitome of class , wisdom, openly questioned, know times a-changin'.
in january, professor peter atwater of minyanville offered, "as enter new year, i'd recommend minyans review investment holdings growing wave of populism in mind. anticipate in year ahead, phrase 'for whom has been given expected' take on new meaning."
have thought 5 months later, financial services, health care , energy considered "evil?" bulls-eye on of "fat cat" bankers tough talk on beltway -- white house vowed keep "boot on neck of british petroleum " -- it's hard not notice forward path of wrath.
@ beginning of year, warned of "tricky tri-fecta" of societal acrimony, social unrest , geopolitical conflict. between "tea party" uprising, riots in greece , specter of civil war in thailand -- not mention inevitable aftershocks in europe -- it's safe we're migrating across unfortunate spectrum.
@ point industrialist become robber baron? or savvy speculator profiteer? @ point success become privilege? answers these questions have profound implications future of free-market capitalism in intertwined finance-based global economy; , if don't stem progression, bottom line might least of our concerns.
draw attention fact 1 of great misperceptions in financial market history crash caused great depression, when in reality roles reversed. while public psychology can manipulated extended periods of time, free can never caged , attendant social mood shape behavioral patterns , extension, our collective financial decision-making processes.
war , peace
there 2 sides current equation. bulls point upside window equities given strength in corporate credit, better-than-expected earnings , reemergence of m&a. bears counter improvement in market fundamentals discounted 80% lift off lows, , rally has been induced drugs mask symptoms rather medicine cures disease.
given financial markets have morphed matter of national security, must respect motivated agendas of central bankers around world. when german chancellor declares war on speculators , greek government hints @ legal recourse against stateside financial institutions, wise respect unexpected , appreciate unintended consequences may follow.
doing math -- not abroad regard state of our states -- upward taxation , austerity measures won't cut it, although we'll see aggressive efforts in regards, neither of pro-growth.
more likely, we'll experience seismic on regulatory front (including not limited ban of short sales) akin saw in september 2008 , that's single biggest risk bears.
there 2 alternative for
or choose remain ignorant , troll snappy comebacks , little jibes @ opposition? yeah, know....i mean. what! read it. -i have copy , paste entire article since source isn't available unless subscribe; new york (marketwatch) -- leaders coming out of crisis...
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