The stock is market where stored labor works. Contributing editor for this Danny Silkglass stock market memorial blog is now Sam Hill.

Friday, 4 October 2013

politics weights heavy on prices

Imagine where we would all be if it were not the heavy, costly prescence of politics on prices. But we have to take things as they are, all of which makes speculation pick up the slack. It does not look as if there will be a compromise. Whatever anybody can do about it to protect their risk capital seems impossible to say. Gold is in the tank and heading lower. So the only course appears to be just sitting tight with growth positions. However, with Panera rolling over one has to keep a close eye on the other high multiple stocks.

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