A Closer Look at the Real Wealth of US Households

By Bill Bonner http://dailyreckoning.com/by-the-numbers-a-closer-look-at-the-real-wealth-of-us-households/

12/07/11 Baltimore, Maryland – Americans are poorer than they think…

Dow up again yesterday. Gold still bouncing around…

The press is still focused on Europe. A “deal over eurozone fiscal rules,” was announced earlier in the week. Every day brings more speculation about what form the final deal will take…and whether the European Central Bank will lend a hand.

Nobody really wants to sell stocks. Because a real deal might send stock prices shooting up in a giant Christmas rally.

They don’t want to buy either. Because a failed deal might send them collapsing. So investors watch…and wait.


About basicrulesoflife

Year 1935. Interests: Contemporary society problems, quality of life, happiness, understanding and changing ourselves - everything based on scientific evidence.
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