Investors cheered a record setting year on Wall Street.
http://www.usatoday.com/story/money/...-high/4263237/Stock investors will soon be in 401(k) heaven.
The broad U.S. stock market put an exclamation point on its record-breaking year on the final trading day of 2013, powering to yet another all-time high and posting its biggest percentage gain since 1997, or 16 years ago.
"Good to the last drop," is the way Dwayne Adams, a certified financial planner at Adams Wealth Management Group, summed up the best year for the Standard & Poor's 500 stock index since 1997. The closely tracked benchmark index rose 29.6%, a mega-move that will be reflected in much fatter retirement account balances when investors rip open their statements in coming weeks.
I find it vile that the reason this year was so good for the wealthy was because of the US printing massive amounts of QE money.
The GFC is hurting people all around the world and the ruling class are actually doing better but only because of printed money from QE that was given to them. QE is ruling class welfare.
The ruling investor class has sat on the QE welfare payments and refuse to invest back in their own nations, especially America.
I think that it is disgusting.
It seems that nobody can stop the ruling class no matter what they do. This is why I support the CPC. Our western governments are run by the ruling investor class. The modern investor class are the modern equivalent of slave owners.
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The American public are the only ones that can stop this stuff really.