Stock Market

     Well my prediction from 2014 is coming true. The stock market is going to rectify itself again. With the economy as bad as it is there is no way the stock market should have been as high as it was. 
    So who loses. You folks with 401Ks to start. My 401K dropped 60% in 2001. Not that big of a deal for me as I did not have that much in it. But many people I know lost hundreds of thousands of dollars. As their entire retirement was tied to the stock market. 
     In days of old when Knights were bold the individual companies managed the retirement plans. Being responsible for them as an individual company. Now most are on a 401K deal the responsibility of being a company is out of the picture. 
     The Dow Jones Industrial Average has been the benchmark of the Stock Exchange for years. Now it is going down again. It has to. 
     Seventy-five percent of Americans are living check to check. Miss a weeks of work and are done. Toast. Doesn't matter if you drive a Mercedes or ride the bus. You are living check to check. So much for the great economy. 
     At least fifty percent of the sales my grocery store does is on food stamps. I would consider that a good economy. Wouldn't you. Most people work within 2 or 3 dollars of minimum wage. There are still a lot of people out of work.
     The real season the Market is so high is that the dollar doesn't buy what it used to. Just look at the prices at the store. If you consider a nice neighborhood in any city, the prices of those homes have went up considerably even though it is the same house. Same thing just more dollars to buy. 
      Why has the Federal Reserve printed up so much cash money? Most people seem to be using a card whether debit or credit. Where is all that cash going? Why do we need it. Is is possible we are going to move back to a more cash economy. Wouldn't that be interesting. 
     It appears that the stock market is rebounding. The media has had its fun with the markets movement.