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Shocker: Aaron Hernandez guilty. Another Gater point of pride!!*

The jury stayed out a long time. Wonder if he will be tried for

the other murder in FL?
 
JBee, do you know where you can find this data...

regularly? A buddy subscribes to one of those Stansberry Research newsletters and sent it to me. It bears out an argument you made here recently. I think it might be one of the best indicators of market direction, you know like the old JP Morgan shoe shine boy story. The chart says Federal Reserve is the source, but I wondered if they publish this chart regularly in the same location. I couldn't find it.

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just look how far we have come as a society...

20 years ago we wouldn't have convicted an NFL player of murder even with overwhelming evidence!
Posted from Rivals Mobile
 
we don't see Barry whining about the Top 14%.

It's good that only the really big stockholders are evil, greedy people.
 
I dont believe that only 14% of families own stocks

And if its true, it means its a screaming buy.

Maybe they are literally counting only individual stocks, instead of owning equities thru mutual funds in their 401ks.

Oh...I would not trust a thing that comes from that Stansberry place.
This post was edited on 4/15 10:55 AM by JohnnyBeeDawg
 
Re: I dont believe that only 14% of families own stocks

It seemed awful low to me as well. I was just amazed at the reverse correlation with the 2000 market dump and the subsequent bull run. A significant, prolonged upturn in the chart could be a red flag.

And I'm sure you're right about Stansberry, but the source seems to be the Fed (which might not be much better).

This post was edited on 4/15 11:00 AM by deadduckdawg
 
Agree it can't be only 14% and they must mean individual stocks,

around half of Americans have a 401 k or some type of pension. I was not clear on what % of people that have access to a 401k actually participate in the program.
 
I like to invest when people are pouring trillions into "safe" assets


earning zero instead of in corporate profits which continue to hit all time highs.

I like to invest when the economy is hampered by bad government policy and excessive regulation. I like to sell once everything gets fixed.

I like to invest while cash balances keep hitting all time highs.
 
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