Thursday, January 1, 2015
A Bear Year
I do not see how we can make it through 2015 without a market correction. With Obamacare's full implementation, many millions will find themselves shifted from full to part-time employment. Many more will find themselves among the ranks of the unemployed. Gasoline prices may continue to fall. Overall though, the dollar will continue to be worth less. I have feared inflation since Obama, with his free spending ways, rose to the Presidency. I continue to fear that we are not far from Weimar.