Originally Posted By: RICH G
Lost 91 yesterday and taking a nose dive this morning.

The 10 year yield at 3.2%
and the 30 year mortgage rate 5%+
that is the problem

Not to mention 700 billion added to the debt the last quarter.


Someone is jumping on the ol' market bubble wrap today!

Pop! Pop! Pop

Concering your statement in red, no. The items you listed may be *part* of OUR own growing problem, which we as a country are failing to address, but not necessarily the markets problem today and this week:

I'd like to think this guy just may have a bit more insight than you and myself.......

David Kotok, chief investment of Cumberland Advisers, said he believes Thursday's market slide was driven more by concerns about Italy and China.
"But Mnuchin doesn't help things," said Kotok. Saudi Arabia has also played a huge role financing the rise of Silicon Valley, serving as the tech industry's unofficial banker.
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