2-1/4 years later..........the US Debt Ceiling is back at the Front of the Agenda....... Has anything changed?

Randy (21 Sep 2013)
"2-1/4 years later..........the US Debt Ceiling is back at the Front of the Agenda....... Has anything changed?"

I fell like I've fallen down the Rabbit Hole........as they saw in Alice and Wonderland...

OR...

It's Deja Vu ALL OVER AGAIN.........      LOL

Nothing is fixed.....

Life Goes On.....

Markets are back to Record Highs........

And the world goes on......and on........and on..........

The FIRST TIME congress addressed this matter, July 2011......    things didn't go so good.

1) the US market went down almost 2000 points..... (but the markets SHRUGGED IT ALL OFF!)
2) The USA Debt rating was LOWERED, for the first time eve....(and the markets SHRUGGED IT ALL OFF)

3) Last December, the SEQUESTER kicked in. And the markets SHRUGGED IT ALL OFF!!!!!!!!!!!!

Are you catching a trend here??!!   lol

IF I HAD TO GUESS......and I DO!!!......... there is (right or wrong) a strong sense of "return to normalcy" going on in the US and World Economies over the last 2 years........over the last 5 years..................

You know.....the STOCK MARKET has basically been in an UPTREND now since Feb, 2009. THAT'S ALMOST 5 STRAIGHT YEARS..............................

    Normally, there is a BIG correction around year 5.

Will we NOT get one this time?????    That's MY guess......

My feeling.....NO MAJOR DROP, until the Rapture ??   We'll see.

TICK TOCK
YFIC,
RAndy