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  • Riskier Sector ETFs Improve; Investors Now Betting on Economic Recovery [View article]
    The increasing number of positive articles is one good sign. Decreasing VIX, TED spread, and central bank liquidity actions certainly add to the positive column, as well.

    On the negative side lets add deteriorating corporate earnings, increasing tax expectations (consequence of massive government spending programs), reversion to protectionism around the world (particularly in the U.S.), and unprecedented stresses on fiat currencies (again, particularly for the USD).

    Economics is a tug of war..not yet clear which side is winning.
    Jan 04 13:53 pm |Rating: +2 0
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