[quote=flu][quote=spdrun]My stocks are actually fairly steady today. Love renewables!!![/quote]
Yes, but several people’s retirements aren’t self-directed.. Furthermore, several people aren’t proactive in their management and believe in just the hold and wait strategy….
It will definitely be interesting…
XLP is not a bad holding for me for the past years as a crisis economy holding…[/quote]
Interesting as in have a long and interesting life…
Now maybe we will get real unemployment stats. What will be interesting is to watch Iran and Israel as well as Putin. That is even more interesting than watching stocks and bonds.
It is almost time to make predictions, such as when will the Euro unravel and each nation returns to its own monetary system. My prediction, this is the 1930’s all over again with IT. As Europe returns to its pre-Euro economy, nationalism will be on the rise.
One bright spot for the U.S., is this:
“Companies also say one of the biggest obstacles to hiring is the “Code du Travail,” a 3,200-page labor rulebook that decrees everything from job classifications to leave for training to the ability to fire. Michelin has decided to build a plant in the U.S. for the first time in 35 years even though labor costs there are higher because of the business “environment and climate,” Senard said, complaining about the long-drawn process in France to lay off workers or modify contracts.”
