The Ignorant Investor
Ignorance Can't Stand in the Way of My OpinionFriday, April 01, 2011
Market ahead of itself?
The equities markets have been on a good run. Today's announcement of an 8.8 percent unemployment rate is urging the market higher. We've still got rising poverty rates, falling home prices (along with more foreclosures), little growth in wages. If you're in an optimistic mood, it's easy to say the negatives are only temporary.
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