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Reply to "2013 stock market confidence?"
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[quote=Anonymous][quote=Anonymous]If price of oil stays moderate or down, if interest rates stay moderate or slightly up, if unemployment rate only slowly declines, if corporate profits climb some, even slightly, the stock market will reward you, even in the short term. Oil, check. Interest rates, check. Unemployment, check. Corporate profits? Hmm. 3 out of 4 is good odds. [/quote] If there are RIFs, then unemployment in the area could go up. So now you're only batting .500. I'm a two-Fed salary household. If there are 22 days of gov't furloughs, we might have to consider foreclosing on our house, which I think would be a first in our neighborhood, as even in the bad times there were no foreclosures in our area.[/quote]
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