We know it’s tough to focus on the fundamentals of the economy and the long-term outlook when everyone around you dwells on each day’s market action and comes up with all-inclusive macro-economic theories to explain them. But investors need to trust the fundamentals and those are still signaling more growth ahead. Click here for details.
This correction is not due to fundamental factors. It’s technical. We can’t prove it to you, but that’s what corrections are all about – opportunity for those who can see through the fog.
The bottom line is that the US financial system still has a way to go before it’s fully healed, but like most of the rest of the economy it’s also clearly moving in the right direction. Click here for "no better sign" that the financial system, at least as it relates to consumers, is getting closer to normal.