S & P 500, Dow Forge On

 

With debt at all time highs and stocks at all time highs I don't think anyone can say what is next on the horizon. I have said before on here that the Federal Reserve Bank is pumping new money into the economy to the tune of 85 billion, yes billion with a "B" per month into the economy via purchases of treasury bonds and mortgage backed securities. This is what is artificially keeping interest rates low and driving investors out of the safety of bonds and into the stock markets in search of yield. For mom and pop bank savers this is a disaster. When interest rates on a 6 month CD are less than 1/2 a percent, you may as well stuff it in the mattress, or you can risk your cash in the market. Since we are being chased into the market to find a decent return on our money, Smalltime thinks that you should use the free resources available online to learn as much as you can about quality companies with solid earnings power long into the future. Companies in sectors of the economy like utilities, energy, food, and other products that people can not live with out.