Stocks pushing higher

A few important observations this month:
Stocks pushing up.
Unemployment falling.
Manufacturing increased.
Growth is more.
Fear of US re-recession bleaker.
Interest rate at 0 will be unchanged for another 18+ months.
New homes increases modestly.
Greek debt settlement seems realistic.

All these observations surmise and point to an optimistic scenario for the economy and investments on the one side. But this optimism is not shared by many in the financial sector as they don't see all this as a big plus in the short term. The reason: the curve is slow. So slow, that we may still see many failures before things really start picking up steam. But if stock markets are a leading indicator, Dow and Nasdaq and even the S&P are near their post-2008 high. That to me is an indication to take some calculated risk and long selected stocks.


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