Glen L.

The Beginning of a New Bull Market?

It is of course in the vested interest of professional stock market touts to continually spread rumors of bear market bottoms and emerging bull markets. Likewise, panics sell papers and therefore may be overhyped. About all we can do, as investors (not day traders), is understand the economic facts and use our own judgment. In the current predicament, the economic news is unrelentingly bad, and federal stimulus policy is clearly a sign of panic. Conclusion: we are nowhere near bottom.

As I write this, the Dow is down 2.9%.