It’s the end of the week and another edition of Happy Hour. Sit back, relax and browse some of the great topics I came across this week!
Waiting For The Shoe To Drop?
With the glass half empty media mindset on the market and economy of late, it certainly seems like we’re waiting for the shoe to drop. With the impressive first quarter run up, it’s very reminiscent of last year, just without the impending European collapse.
Last year at this time we were seeing good first quarter earnings. Then the European debt crisis and the US debt ceiling hit the news, putting fear back into the markets.
Once again we’re seeing good first quarter earnings. So, we’re holding our breath waiting for a repeat of fear entering the markets. But it’s not happening. The fact is things are good. The US economy has been the little train that could, slowly chugging itself up the mountain. The economic indicators point to a continued slow recovery. Continue Reading…