Whether you are inclined to be bearish or bullish, James Altucher has a nice list of talking points in his recent WSJ article. The talking points touch on the following issues: home foreclosures, GDP growth, unemployment, the Obama stimulus, P/E ratios, inflation, municipal bonds, and commercial real estate. For the bears, your talking points are in bold. For the bulls, your talking points are in bullet points.
However, for us trend followers, the market (U.S. equities in this case) has just broken out to new cyclical highs:
There is a reason for the market axiom “Don’t Fight the Tape” - fighting the trend is hazardous to your wealth.
