Wednesday, May 23, 2007

Market Thoughts

People have been really fretting about the market recently, namely about how we've been a winning (bullish) stretch for so long, that we're "due" for a crash. Yet, no one can provide any economic reasons for this.

Sure, it seems odd that day to day, we keep breaking market index records (such as the Dow and S&P500), but indexes are predictors of the market, they are historical reports of it.

For predictors, we should look to the jobless rate, inflation, and consumer spending numbers which indicate a positive environment for a bullish market.

Add to that international expansion and a rash of M&A deals going down, its tough to see where people are seeing crashes in the next few months.

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