Its been Wild: Stock Markets & World Economy - Part I

Its been wild to say the least. Economy, Sovereign debt, Budget Deficits, Jobless Numbers, Industrial Production, Consumer Spending, House Prices, Assets, Stocks, Markets, and the list goes on. Every guy on the road knows what these terms are these days because it is being played out in our every day lives. I have hardly heard any assuring voice with a mature thought. It appears education and experience is just as good as a novice's  throw of dice idea of one should do in such a situation for both the short term and long term. I am disappointed honestly at the intelligentsia of this great country (US) and the corridors of knowledge, not to mention the seasoned brains of experience that lay scattered all over the breadth and lengths of this vast land.

When we lose money in stocks, retirement funds, we are made to believe we don't have anyone to blame except ourselves because the investment decision is ours. This is a way how corporate and financial managers shield themselves from public ire. Capitalism has given the means for the smartest to hide and take cover from any consequences for which they may be directly responsible. Blame the system but not the individuals who frame it or who run it or who exploit it.

I am not a shrewd investor by any measure, but I am realizing that I am listening to my wife (who apparently is the least capital market aware) more often these days, who believes money after inflation sitting in her cupboard/bank is much more real money than when it is out of her hand, even if you call it investing.

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