Monday, April 07, 2008

Market Thoughts


  • I believe the market is anticipating an economic rebound and will continue to move higher. Tax rebates and low interest rates will work, and the market will anticipate that and surge forward before the economic numbers catch up.
  • The official economic numbers are a historical view of where we have been.
  • 100% bullish.  I've been this way for awhile, and view the recent market action as a correction - not a bear market.  The Fed kept rates too high for too long, the housing crisis and high energy prices have kept a damper on consumer spending.
  • Inflation is mild.  Ignore those who are worried about inflation.  They're out in deep right field.  Not even close.

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