Find it interesting that the market is ignoring the slowdown in earnings. It takes no effort to divine the future anymore, slumps are temporary, earnings will recover, the market goes up, buy now, inflation is dead, Asia will not affect us, except to help slow the economy. We are just catching our breath for a moment, better get in quick, oops too late, the market is sprinting ahead. Better catch up.
I live in an area of the US that has experienced phenomenal growth. It's a funny thing about growth. The only thing that can sustain it is more growth. If this economy tries to level off, this region may go flat on its back. The infrastructure they've put in is enormous. We need further growth to support it. |
