- In regards to some of the financial markets, the “Don’t Worry, Be Happy” crowd has once again convinced their sheep all is well. This comes at a time when the market is very overbought and looking a lot like these past situations.
Meanwhile, I think we ended up being correct oil was ending its vicious bear market back in January (and has greatly aided the rebound in general equities). But it’s not straight up from here.
And finally, guess what is among the best performing assets so far this year? Gold. Surprise, surprise – NOT! A correction is due and would be healthy for the long-term in this new gold bull market.
- American debt level staggering
- 401ks – Not the cure-all.