I'm a real bear at this point. I can't see how the stock market can keep going up in any short term horizon. What's the good news? But I'm stymied by this, the old saying: "Don't fight the Fed" when it comes to investing. To me, Wall St. is mainly a confidence/shell game. And yet it seems that the Wall St. Wunderboyz keep pulling crap out of their hats and we're all buying it. But once again, I come to the oft prudent warning about fighting the Fed. What do you all think?
Why Yesterday's Optimism Wasn't Warranted [View article]