Money Talk

If I become rich, I would buy a mansion that would be 50 stories high. I would also give money to the poor. I would also want my own school to learn in. I would even have my own backyard which is 20 stories wide, so I could play football. I also would want a life-time supply of Legos to keep me company. I would also have a Limo to ride in. But there would be a big problem for everything. Bills! Still I can have fun because I am rich. My favorite thing would be to be rich forever. But a house would do as good. Even with just a van or car!! This is an essay written by Joel David in the Spring of 2010.

Seems to be the #1 question in my head everyday when the day begins literally. What are going to be today's surprises to Wall Street and in return how the pundits are going to respond to them, etc. Well that's an everyday thing, but really, where is the economy heading currently. In a nutshell, these are the sound and sense bytes I gather...check it out. #1 US Stock market is overheated and overbought and is ready for a correction from here at Dow 11100 by 5-10% if not more. #2 Fed Chairman Ben Bernanke is very cautious and there are indications that some think that he is anticipating some very troubling problems ahead....(what can those be? I wonder) #3 Job market is modestly improving or you can say shows signs of stabilizing. #4 Industrial production is struggling but is marginally ticking up. #5 Housing - no sure indication yet as to this has started to get better. The worst is behind for now. #6 Banking sector - they seem to be HOT for a comeback.....after all the near-col