How long can the stock market stay in denial?

[BraggSurvivor]

Jobs: down. Housing: down. Consumer confidence: down. Manufacturing: down. Service sector: down. Corporate profits: down. Dollar: down. Bear Stearns: decimated.

Stock market: up????

What gives? A whole lot of denial on Wall Street. The Fed is going to save the day, as it always has in the past. The problem is that consumers are up to their necks in debt. Fed stimulus can only work so many times before the fumes run dry. Housing led this economy up. And housing will lead it back down. Japan should be a good history lesson for investors, but apparently the almight Fed still rules the day.

So how long can the denial last?

[Alpine_Sapper]

Jobs: down. Housing: down. Consumer confidence: down. Manufacturing: down. Service sector: down. Corporate profits: down. Dollar: down. Bear Stearns: decimated.

Stock market: up????

What gives? A whole lot of denial on Wall Street. The Fed is going to save the day, as it always has in the past. The problem is that consumers are up to their necks in debt. Fed stimulus can only work so many times before the fumes run dry. Housing led this economy up. And housing will lead it back down. Japan should be a good history lesson for investors, but apparently the almight Fed still rules the day.

So how long can the denial last?

web 3.0 will save the day! Oh...wait...

[beerrunner13]

And the Fed is gaining new powers. What will it take to wake up the masses?

[Rick]

You guys crack me up. (wringing hands, gnashing teeth) Whoa is me......

[trax]

Actually, I think that's a pretty good question. I mean....I read a short while ago that Oprah believes that she's slim and entertaining. Denial is serious stuff people, or not depends on your point of view.

[dilligaf2u2]

You mean there is a problem that I am unaware of? I'll give my governer a call and have it all cleared up by the second tuesday of next week.

Don

[Ole WV Coot]

Please get your friend the Gov to see what he can do about pushing up the prime interest rate. My mattress is getting uncomfortable with all this loot and no good place to put it. If I buy a CD at 2 1/2 percent somebody shoot me.