The New York Stock Exchange Ain’t Paying Attention

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What is wrong with the Stock Market? Many times when everything seems to be going the hell in a hand basket the Stock Market does not seem to notice…

• The Price of Gasoline goes up and so does the Stock Market.
• The Unemployment Rate goes up and so does the Stock Market.
• The Federal Debt goes up and so does the Stock Market.
• The stock Market even goes up when Iran says that after they wipe Israel off the face of the Earth tomorrow they are going to do the same to the Toledo the day after tomorrow.

The only thing that used to make the Stock Market nervous was a few years ago when it appeared that the country of Greece was about to go belly up. We heard such “logic” as, “Things were really bad in Greece today but yesterday things were really really bad in Greece. Since one really is one less than two reallys, the Stock Market went up today”.

If the Stock Market ever starts paying attention to the world around it, it is going to go into a rapid and prolonged decline.

This Fella doesn’t purport to know what I am talking about when it comes to the Stock Market but I bet I know more than the Smart Fellas who push the Up or Down Button behind that big curtain at the New York Stock Exchange.

Would I kid u?
Smartfella