Wednesday, February 1, 2012

'Stocks Best Start Since 1994...'

Stocks Best Start Since 1994 Tops Commodities

From Bloomberg:

“People expected things to be much worse,” David Goerz, chief investment officer at Highmark Capital Management Inc., said in a telephone interview from San Francisco. His firm oversees $17 billion. “The positive economic surprises changed investors’ mindset about the probabilities of the U.S. tipping into a recession. Furthermore, you saw earnings come in generally better than expected.” 

Of course they did Dave.  They are the herd, and you are one of many sound bite robots that Bloomberg calls on the phone when it wants easily digestible sweet nothings to explain why events are what they are, in hindsight.

Stock investors are feeling good again.  Happy little stock investors back on track to under perform as they have since 2000.  They are so cute and cuddly, all tucked in for a nice little slumber.  Kootchie kootchie koo little stock investor.  Mommy has a plan for you and daddy is overseeing your financial well being.  Oh, so cute...

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2 comments:

  1. "They are so cute and cuddly, all tucked in for a nice little slumber. Kootchie kootchie koo little stock investor. Mommy has a plan for you and daddy is overseeing your financial well being. Oh, so cute..."

    Wow, you're starting to sound like Otto now. :-)

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  2. Nah, I've always been this way. Just toned it down a bit since I became a 'serious' newsletter writer. :-) Being silly is a great way to keep perspective. Taking this stuff (and one's self) too seriously is good way to get croaked in the markets.

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