I wanted to creat a place for informal discussion on the financial markets.
I don't have a lot of investments, mostly just what I have in my retirement accounts. But even without a lot of direct involvement, it is fascinating to watch the markets. It is like the ultimate barometer of the country's mood. (It may also make BYU71's head explode).
I don't understand how with Sequestration and the debt deleting looming, the markets can be so positive right now. Even in December, with the uncertainty of fiscal cliff, the market was more up than down. Have we turned the corner on the economy so much since 2008 that these types of issues are no more than speed bumps?