Could this be it? Could this be the end of the recession? Is it okay to jump back in? First off, it is never safe to jump in but we know that we must play the game to win. I am fearful of stagflation over the next 5 years and possible inflation hitting us like Mike Tyson in his early years as heavyweight champ. A long term investor should have been back in the market months ago. However, day traders in the past week would have lost money trading the S&P on ticket charges because there was very small movement. Unemployment numbers were awesome and should bolster a nice bullish movement. I mean 247,000 jobs lost and an unemployment number of 9.5% is definitely a step in the right direction. Are we out of the woods? The dollar is getting weaker which scares me! The US Dollar Index is trading 78.315 while the Euro has held its own at 1.43 for some time now. Between you and I it would be nice to see the Euro get crushed and the dollar go up like dynamite.

This entry was posted on Friday, August 7th, 2009 at 9:32 am and is filed under Financials. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.