For those of you who have lost their
jobs or lost their homes or lost their food stamps or lost their
unemployment you will be glad to know:
Fueled by the Fed's easy money policies
and an improving economy, U.S. stocks are poised to close their best
year since 1995. Prior to the final day of trading for 2013, the Dow
was up 29% when dividends are included and the S&P 500 32%.
AND:
Private-equity firms are set to return
over $120B to their investors for this year, surpassing the 2012
record of $115B, Cambridge Associates estimates. The P-E sector has
been assisted by low interest rates, which have helped P-E backed
companies sell $66.2B worth of debt in 2013 to fund dividends to
their owners, up from $64.2B a year earlier.
The rich DO get richer while the poor
get poorer. The inequality of our system is showing quite well.
Now all you have to do is survive until
it trickles down. But, don't hold your breath!
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