Is it Just the Halloween Season or…..
The spookiness of this environment is just too much for me! Are we recovering, or is it just a head fake? It seems to some (including yours truly) that we haven’t felt enough pain yet for all of the excesses we enjoyed for decades. Maybe that’s just the martyr in me. Some feel like we are climbing the proverbial wall of worry, recovering from a severely oversold condition, so the economy doesn’t have to look so good for the markets to rally.
Somehow it just doesn’t feel right, though. Everything seems a little out of whack. Aren’t we just propping up the system with all of this liquidity? The market crashed because of too much debt, right? Aren’t we just creating more debt? When will we create real things again? I think I will feel better then.
Someone tell me I’m wrong!
Add comment October 27th, 2009
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