Debt Debt and More Debt

US Treasury debt per person is at a record. A material record. The US Dollar is going lower, the Fed is printing money, the state of the states is getting worse and worse.
Texas now has more Fortune 500 headquarters than any other state in the union. As taxes are raised in CA., IL, and NY is it any surprise people are moving in record numbers to Texas? Why? There is no state income tax.
Incredibly as the stock market continues it's rally another $717 million left stock funds this past week and $546 million went into bond funds. Noteworthy China's stock market is now up 4% ytd, Russia 5.6% and the USA 2.3%.
Oil goes higher and everyday we are told why it is going lower.
Also the two biggest bears on the USA stock market continue to make comparisons to Japan....the smart money says we are no Japan.
The current focus is on the short term move by Mr. Market over the past several months....investors need to look longer term....China is breaking up/ out after a three year correction (a positive), Inflation is now firmly entrenched everywhere and the press is just beginning to pick up on this...and stocks are still cheap.
Cash and Bonds lose money, stocks beat inflation and are tax efficient.
Danny Boy seen here loves the snow fall and it's peacefulness.

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