My sig campaign has nothing to do with this, that's a poor argument when you don't have an argument. Those stocks you listed are all american companies and then you go and tell me the recession is happening in europe. If you look at the dow jones industrial average, we are near in all time high. Where is this recession you're talking about?
Every time someone quotes the DJIA as being representative of the economy, I die a little inside. While your point is correct (the economy is fairly healthy), citing the DJIA is a horrible data point. It's not representative of the American economy, and it is only still mentioned as a holdover from an era when it was. (It was invented at a time when financial reporting was very simplistic and superficial.) The S&P 500 is a
much better metric to use, as it encompasses 500 of the most representative companies of the American economy, and it is also weighted by size of the company, where DJIA is only 30 companies that are not weighted by size and are not representative of what the economy produces as a whole.
I can't stress enough what a terrible metric it is.
Naw what I mean is were going into a paradigm shift, there dropping because consumers don't consume anymore in the new generations in western civilization *to much smart phones internetz*.
Millennials don't consume, western civilization made crap like, buy diamond rings, or X holiday thanks giving,christmas valentines day, Buy and consume these annually every month trending.
THe statistics though manipulated will fall regardless of the coming paradigm shift into the digital age with digital assets.
Which means the wealth transfer never destroyed is going into other investments, and were sitting right here in the biggest core infrastructure of what it's going to be built around with the emerging e-commerce and this new age obsessed with speed.
Stagnated/suppressed technology and innovations are exploding now at a faster pace never seen before since it's capitalizing on the cycle of a global reset in the financial industry.
The apple business model is losing it's hype now, re buying new phone version 1,2,3,3s,420,a,b,c,a1. Not only that it's not like people have the money to buy these new products anyways with or without an economic collapse.
The rich oil families of the saudis are getting facerolled by the US tanking with 30$ oil now.
