Unless the loony Obama left is removed from office the Doomsday-Obamacare bomb explodes in 2013

Unless the loony Obama left is removed from office the Doomsday-Obamacare bomb explodes in 2013

World Outlook

Markets yesterday
Personal Income did not increase in February but Spending was up 0.3%. Both were not as good as expected. Core deflation was zero.

Markets this week
Tuesday, March 30:
Housing Price Index
Consumer Confidence

Wednesday, March 31:
ADP Jobs report
Chicago PM Index
Factory Orders

Thursday, April 1:
Unemployment Claims
Layoff Report
ISM Manufacturing Index
Construction Spend

Market Outlook March 30
Obama debt will be relentless. That is why so many Obama supporters can't rub two nickels together because they are over their heads in debt. Rising yields on government debt will drive up American borrowing costs is resonating with the world’s biggest bond traders, who say this month’s losses in the market for U.S. Treasuries are just the beginning. Obamacare will make America a welfare state by putting the entire nation on welfare.
The market sold off yesterday when long term Treasury auctions continued to be weak indicating that China and Japan are too smart to fund Obama's socialism and Obama's extravagant wasteful deficit spending. Obama's nationalization program that can only end with a world wide Great Depression like FDR caused when he was enamored with the Russian Revolution.

The storm is almost upon us. Obama and the democrat-socialists are setting the stage for short sellers of every breed to sweep in soon and attack American markets and currencies. The fact that George Soros funded the Obama campaign should have been enough cause for every American to vote against the Obama regime.

World Markets
Asian markets were up over night; Shanghai up 0.2%, Hong Kong up 0.7%, India down -0.7%, and Japan up 1%.

European markets are currently flat in the range from -0.1 to 0.1 % this morning about half way through their day.

Today US pre-market futures are up in a range 0.2% to 0.3% at 8:00 AM EST.

We have noticed that the greatest impediment to stock market profits is a portfolio under $100,000. Beyond $100,000 the investor costs go down and diversification begins to work. Below $6000 it is almost impossible for an investor to make money other than in an index fund (at best) and that has performed close to a net zero for the last ten years (even ignoring trading commissions).