A Bull Market in Apathy

“We the people” have the power to change this uber-litigious, cover-your-ass-at-any-cost operating environment.

After all, that’s the beauty of Western democracy, right?

Well, that’s the theory at least. You must still get people to the polls!

Today’s chart is a bit different than my usual. When I saw it, my cynical side chuckled.

See larger image

“A bull market in apathy.” HA! That’s a great way of putting it.

Seeing that U.S. voters are more apathetic than voters in every country but Korea doesn’t give much hope for turning the tide of power in the U.S.

The long-term trend of an increasingly litigious, overregulated and inefficient society is unlikely to reverse course any time soon. It’s largely a matter of inertia, à la “it’s just been that way for years.”

And it would take an uprising of the people to turn the ship 180 degrees, something I doubt we can muster, after a quick glance at the chart above.

That’s what the cynic in me says, at least.

With that said, Obamacare – whether it survives or not – may be one source of hope and change. The legislation has clearly opened a can of worms, spurring a nationwide debate on the topic of health care access and affordability.

I think that simply having this debate is great, whatever the outcome. And maybe, just maybe, it will draw some voters out of the woodwork.

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Categories: Markets

About Author

Adam O'Dell has one purpose in mind: to find and bring to subscribers investment opportunities that return the maximum profit with the minimum risk. Adam has worked as a Prop Trader for a spot Forex firm. While there, he learned the fundamentals of trading in the world’s largest market. He excelled at trading the volatile currency markets by seeking out low-risk entry points for trades with high profit potential. An MBA graduate and Affiliate Member of the Market Technicians Association, Adam is a lifelong student of the markets. He is editor of our hugely successful trading service, Cycle 9 Alert.