double dip

I agree with the message but not the conclusion.  Yes, the economy is in the doldrums.  It’s really quite pathetic.  That doesn’t mean though I am totally pessimistic on stocks.  At the moment we are less than half invested,, mostly in cash but that can and hopefully will change soon.  I do think stocks have little competition.  Real estate investing is scary, the bond market offers negative real rates, and money must go somewhere.  That in part explains why some companies that have decent growth are getting indecent P.E. multiples HEARD ON THE STREET: Jobs Data Have Rebound Rabbit Stuck … Read more