Home > Uncategorized > Stock Market Reality? Get Real!

Stock Market Reality? Get Real!

It seems like the stock market has been defying gravity despite the
poor employment situation and the fact that nearly all economic growth
owes to government spending. Throw in the fact that most banks are
insolvent and you have a recipe for a big dip in the market the last
quarter of the year.

My gut tells me we might see a big retracement of the gains by
November, but it is more of a feeling, along with some tangentially
related research. If I had a lawyer he would have me tell you this
doesn’t constitute investing advice. Since I don’t, let’s just say I’m
not Gordon Gekko from the movie Wall Street.

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