Stocks Surge on Greek Debt Deal Optimism

Does the average American have anything to do with the stock market?

Maybe.

As NBC reported a hand full of months ago, most Americans don't have $500 in savings so it would be a safe assumption top say that MOST Americans don't really have anything to do with the stock market.

How about all the millions of poor people trying to live off a few bucks per day in Mexico, Honduras and Guatemala?  Do they have anything invested in the stock market?

Nope.

How about the millions of Arabs in Syria, Iraq or Yemen?  Do they have any money invested in the stock market.

Nope.

How about the hundreds of millions of poor people in India, China and Africa?

Nope.

So why is it that the rising stock market in America is headline news everyday if MOST of the world has no knowledge or interest in the stock market?

Stocks surged Monday as a  relief rally around the globe is underway that sent the Dow up more than 100 points and the Nasdaq to an all-time record high.

Stock markets in Europe are up sharply and market action on Wall Street in early trading is bullish amid hopes that a revised, last-chance Greek proposal will kick0ff real negotiations at Monday’s emergency meeting of European finance ministers. Even if a deal doesn’t get hashed out today, investors view the improved tenor of the talks as a sign a deal will likely get done later this week.

After the emergency meeting broke up, Dutch Finance Minister Jeroen Dijsselbloem, who chairs meetings on his euro-area counterparts, confirmed that the Greek government earlier Monday submitted a new set of proposals to end the impasse over more aid to Greece.

Dijsselbloem told reporters in Brussels, according to Bloomberg, that the proposals were welcomed and that a more complete assessment is still to come.

“It’s an opportunity to get a deal this week and that’s what we’ll work for,” he said.

In early trading, the Dow Jones industrial average was up 120 points, or 0.7%, to 18,136. The Dow is on pace to erase all of Friday’s triple-digit loss. The Standard & Poor’s 500 index gained 0.7%.

The Nasdaq jumped 0.7% and hit an intraday record high of 5159.36. The Russell 200 also hit a new intraday record.

Here;  http://americasmarkets.usatoday.com/2015/06/22/markets-enjoy-relief-rally-amid-greek-deal-optimism/

Let's review:  Greece cooked it's books to convince the European Union to let it in.  Once they got let in they were effectively granted the same credit rating and credit access as the responsible Germans. So the Greeks started spending and borrowing money like drunken sailors.  Once the global recession hit in 2008 the hangover began to take affect and the Greeks had piled up a massive bar tab.  They didn't have anyway to pay for it because their economy, tax collections and welfare systems have been broken for a long time.  Now the EU started to panic because it would look bad if an EU member had to drop out....so they doubled down and loaned the Greeks some more money so they could make the payments on the old money they had borrowed!  Sounds awesome!!  Anyway, the Greeks are now mad at the European Union and the IMF for loaning them more money and now they don't want to pay it back. They want the rest of the world to pay their bar tab....and now the EU isn't so sure they want to triple down.

BUT.....the U.S. stock market is soaring today because the TALKS between Greece and the EU might be going better than hoped!!

Can you see how ridiculous this all is folks?  Can you see how this who money-thing is just a big room filled with smoke and mirrors?  Can you see how one day it's all going to collapse?  Can you see how the stage seems to be getting set for the Antichrist to take control?

Remember, we all need to keep our eyes fixed on the unseen things because the things that we can see here on earth seem to be getting more deceptive every day.