Why Are We Back at the Highs? - Real Time Insight
29 Aprile 2013 - 4:50PM
Zacks
Q1 GDP came in at +2.5% while the
consensus stood at +3.1%. This is another economic miss to go with
other recent dissapointments in manufacturing, services, retail and
employment reports.
How is this the fuel leading
us back to the highs today?
Take your pick of the
following:
1) Muddle Through Economy +
reasonably valued stocks = going higher
2) Recent economic report softness
is wrong and the economy is indeed growing faster.
3) The Fed has rigged this game by
making it unattractive to hold cash or bonds. So stocks are the
natural winner.
4) All the bulls will look foolish
as the economy continues to soften with lower stock prices on the
way.
5) Other...please
explain.
Place your vote with explanatory
details in the comments section below.
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