Filed under: Comfort Zone Investing
The stock market, the gold market. Both of these have a way of moving well before major economic events are evident. Research suggests the stock market is ahead of the economy by about six months. It moves in anticipation of events rather than actual events. The gold market has its own drummer and moves for its own reasons, in its own time. Stocks and gold are moving now, and they suggest a change in the economy.
First, the stock market continues to gain ground, climbing what is commonly referred to as the "wall of worry." In other words, there's lots to be worried about, but stocks go up anyway. That's because investors are beginning to see some light at the end of the tunnel. And it isn't a train. This week, the official keepers of recession data, the National Bureau of Economic Research, announced the recession ended in June of 2009. Aren't you sorry you missed it?
Continue reading Comfort Zone Investing: What I Think the Markets Are Saying
Comfort Zone Investing: What I Think the Markets Are Saying originally appeared on BloggingStocks on Sat, 25 Sep 2010 10:30:00 EST. Please see our terms for use of feeds.
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National Bureau of Economic Research - Investing - Business - Stock market - Stocks and Bonds
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