Saturday, October 18, 2014

I did not buy into any of the past panic - All economic indicators are sound


Lets look at some FRED data: Cars and Heavy Trucks had a spectacular August, and a slight pull back in September.Long term insured unemployment is reducing, gas is getting cheaper and retail sales are up.


Then I found this indicator also not showing any slowing down, so have the last couple of weeks been a unnecessary hype? Hurting our pockets, and once over the S&P500 will rise to 2000+. For me this is an investment opportunity as I do not see, from the indicators, a recession in 2015. Beyond that? 2016 being election year things will remain positive.







Submitted October 18, 2014 at 12:11PM by multistein http://ift.tt/1vKzbl8

No comments:

Post a Comment