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April 22, 2008

Stocks are on their way up. Woo hoo!

Perfect_storm Sam Stovall, chief investment strategist and chairman of the investment policy committee at Standard & Poor's, has declared that the worst is over for stocks for the year.  It's upward and onward from here.

The Federal Reserve's rate cuts and King George's generous tax rebates have saved the day.

If you pulled your money out trying to play it safe, now is the time to throw it all back in so that you can come out a winner at the end of the year. 

Whadya wanna bet that another investment firm goes under in May when no one believes the crap that Sam is shoveling?

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Comments

You are so cynical.

So you believe good ole Sam?

I didn't say I wasn't also cynical.

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