A few random (and cynical) observations on the Stock Market.

We have the sequester, and lots of articles are written about how this will crash the market.

The market takes off.

Articles are written about how the market is about to boom.

Then the market tails off.

Articles are written about how this is the end, and another crash is near. Often in the same page as articles that say that the market will continue to ride.

Talk about a crap shoot....I suspect we have part manipulation, part hedging, part willful misrepresentation, but for the most part, most "we have no idea what is going to happen but we need to write about something". So loads of people have their future retirements tied into a strategy that is pretty much random at best....and manipulated at worst.

Insane that we have a mechanism that's been around for as long as it has, the hindsight of historical data and historical events and then observation on the effects - yet here we are and it still seems like a pretty random event - at least on a micro level.

Taking a big step back, and the trend certainly seems upward.

PS - economists - and those who get their degrees in it...and the pundits who are well paid for airing their views - how can something so studied be so full of ambiguity?