Monday, April 6, 2015

Wall of worry


"This past month may be remembered as the moment the United States lost its role as the underwriter of the global economic system."

http://finance.yahoo.com/news/larry-summers-past-month-may-121922702.html

So we have heard this kind of thing before. Part of me thinks it is a planned theme from the government and quasi-governmental think tanks over the next 12 months to harp on these kinds of thing to try to let some steam out of the stock market. We are pretty much at all-time highs on all fronts, interest rates are still low, and business is still clicking along with unemployment down to a 5.5% rate.

My biggest worry? The "sell in May" story. Stay tuned...

No comments: