To Raise or Not To Raise? That My Bonehead's is the question....

Well once again our fearless Federal Reserve Leader Janet Yellen or as I like to call her Old Yellen (https://en.wikipedia.org/wiki/Janet_Yellen) has once again done absolutely nothing today but put the fear of loss in the market again. This shit is getting old and for Bonehead Investors like you continues to screw you and your potential earnings in this market. Why you ask?

Ever time Old Yellen has either gone to the FRB or the HFS (look them up here if you don't know your shit - http://www.federalreserve.gov/, http://financialservices.house.gov/) she continues to spew pointless and vague  useless facts that either the USA economy has been improving and or some other shit like unemployment is down so the Fed may and yes the magic word is may raise rates sometime in the future. The immediate chain reaction is the market flips the hell out and equities fall, like the did today (http://www.reuters.com/article/2015/11/04/us-usa-fed-yellen-idUSKCN0ST22V20151104#MgSrGfq6VAg6Uy5T.97).

Bonehead's don't listen to the noise of this useless leader. Old Yellen and her band of Committee Members continue to pontificate on this market and each and every time they meet and continue to spout off crap that never ever comes to fruition. As a Bonehead we can't continue to be held hostage by words and more importantly lies to the American public. We continue to hear that employment is improving, bullshit (http://fortune.com/2015/02/04/unemployment-rate-gallup/). Manufacturing inventories are improving, more bullshit (http://www.census.gov/manufacturing/m3/index.html). How can any person without a PHD understand how to invest in this market? You can't! That is why Bonehead's stick to what they know. Companies that make real products that people use and services that people want,

This is a scary ass time for the US Stock Market  and  I am constantly worried will crash like hell..But don't fear Bonehead's. We can't listen to the noise of the talking heads, the liars, cheats and the most evil of all brokers and financial advisers! Bonehead's stick to what you know. If you don't know what is valuable to you in  a company then do not invest in this market. Stick to cash or something easy like a CD that pays a very low interest rate. I always tell investors I would rather make 1% on my money than lose 25% in this crazy ass stock market. If you believe in a company, know that it has great value and produces products and services that people want - then be fearless in your investing!

Things that I am digging now - https://www.etsy.com/listing/233209304/personalized-american-oak-aging-barrel?ref=listing-shop-header-1

End of 2007. Thank God. Predictions for 2008

Well 2007 is all but over and thank God. Can you fricking believe the Subprime issue and the CDO's? Only in the capitalist economy can you be a CEO of CITI, ML, BS or any of the other rip off firms and burn your clients and employee's and still walk out with millions of dollars.

I have told you all over and over again these investment houses are the biggest ripoff's ever created. Hell their own analysts read my blogs all the time and steal thoughts that I have. Ain't that right the house of ML? Caught you two times.

Anyway I will be coming out with how well I did for 2007. Looks like I beat the top traders again. I am still waiting on a job offer from Bear and Goldie. Right now let's look at 2008.

Predictions:

Defense Stocks will be the way to go again. I will post my favorites in January.

Energy - This will be huge for 2008. We can expect to see India come on line and China burning up as much oil as possible. The USA still has no clue how bad off we are and continue to burn fuel like it will never run out. I hope the USA likes $4 dollar per gallon gas soon. Buy energy now.

Gold - Say goodbye to the highs of $800 and say hello to $900 to $1200 per ounce. Buy it now.

Consumer Spending - Well your house is now worth 20% less, you have a mortgage that is resetting, you got a 3% raise and your healthcare cost just went up. You credit cards are maxed to the hills, you can't claim bankruptcy and your bills are due. Consumer spending will be crap for 2008.

Inflation - Up. How much? Depends on what the Fed's do. The M1 rate is a fricking comic book so predicting this is a bear. My guess is that we jump from 4.31% (todays rate) to 6%. Get ready to move your cash to CD's.

Banking - This will be fun to watch. I am guessing that we will see a few major banks fold and have to be purchased by other big banks to bail them out. Of course the Fed's will be behind this move. First to go? Countrywide.

Fed Fund Rates? Cut again by 25 points in January. Will have to cut again right after that. We should see a 50 point cut by March.

GDP - Negative growth Q1 and Q2. Up last quarter of year.

2008 Election - Democrats win and win big. Hail to the woman......

Super Bowl Champs - Patriots of course!

Until January, stay warm!