America Shutting Down....When Hell Freeze Over????
Nope....But American Pensions are Freezing!!!!!!!!!!!!!!
Cigna will freeze its pension plan in a cost-cutting move as the insurer grapples with declining health-plan enrollment and investment income.
Hmmmm.......freezing pension???? declining health plan enrollment????
California Tax Revenues Down 50% y/y in April????? Doesn't that sound like shutting down to you??? CA is OVER 10% of the American economy......Hell looks like its cooling down.....
You think the banks...responsible for about 40% of S&P earnings are going to come back soon???
Hurry...Give the bankers your money....before IPOs shut down......
and now everybody wants your cash.....
Microsoft is selling bonds for the first time, and investors looking for quality debt are lining up for a deal that will test the thawing credit markets.
Ford Motor plans to offer 300 million shares and use some of the cash to help fund retiree health-care benefits under its pact with the UAW.
Why does everyone want your cash right now???? Is it possible few of us will have any in the near future?????????????????
No wonder the market rallied!!!!!!!!!!!!!