Where do you think we are today and why? What does your gut tell you?
My gut feel:
I have to say Sucker's Rally... An economy can simply not continue to lose this many jobs each week, and contract in size -- but sustain a bull market rally. The bottom has got to fall out of this thing sooner or later. Also the government being blatant about raising taxes soon is not going to help us come out of this any quicker. If we start to grow jobs again, then I'll probably reverse my view, but until then -- that's the main factor for me to be negative I think...
Your thoughts?
Cheers,
- Hakrjak
My gut feel:
I have to say Sucker's Rally... An economy can simply not continue to lose this many jobs each week, and contract in size -- but sustain a bull market rally. The bottom has got to fall out of this thing sooner or later. Also the government being blatant about raising taxes soon is not going to help us come out of this any quicker. If we start to grow jobs again, then I'll probably reverse my view, but until then -- that's the main factor for me to be negative I think...
Your thoughts?
Cheers,
- Hakrjak
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