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With the passing of the supply-chain disruptions, with the easing of energy prices, and with the progress of the Greek bailout, the market has managed to climb one more wall of worry in its quest to reattain pre-recession levels.
Friday, July 1, 2011
Climbing walls of worry
With the passing of the supply-chain disruptions, with the easing of energy prices, and with the progress of the Greek bailout, the market has managed to climb one more wall of worry in its quest to reattain pre-recession levels.
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9 comments:
Nice rally this week. If not more potholes out there, a good second half awaits us.
Please, no more Long-Term Capital Managements, or AIGs, or Lehman Bros etc.
When guys behind computers leverage up big, and then cannot meet their financial obligations.....
this is one of a long line of meaningless blog posts. you should stick to economics and political analysis. this type of post makes your blog more like a shill for speculation than considered writing.
Good calls Scott. As always, thanks for sharing your thoughts. Have a great 4th!
Thank you, Scott Grannis. Your economic and market analysis is quite impressive and very helpful.
This is especially so during market corrections when you help clarify what is really going on in the U.S. economy.
septizoniom said...
this is one of a long line of meaningless blog posts."
For a second septizoniom, I thought you were referring to Benjamin ;~)
Psst....the market is still undervalued...
Never short a dull market.
Scott,
Your posts are always informative and meaningful. Too bad there are not more blogs incorporating your clear thinking and excellent predictive ability resulting in real value for readers.
He is good!
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