Home → Fisher Investments MarketMinder Headlines → 04-2010 Archives

Sensible Stories
By , MSNBC, 04/30/2010
MarketMinder's View: As we’ve said numerous times, first the economy strengthens and then the job market. This is proving true yet again.
Sensible Stories
By , The Wall Street Journal, 04/30/2010
MarketMinder's View: Just a short time ago the US auto industry was written off. Now, auto giants are ramping up production, giving a boost to local economies.
Market Misperceptions
By , BusinessWeek, 04/30/2010
MarketMinder's View: PIIGS problems are already being addressed and shouldn’t be disastrous for European banks. For more, see our 04/28/2010 cover story, “The Benefits of Union.”
Market Misperceptions
By , Bloomberg, 04/30/2010
MarketMinder's View: Budget cuts can be painful, but government spending doesn’t drive the entire economy. Government spending waxes and wanes over time, but other factors like consumer and business spending can more than pick up the slack.
Sensible Stories
By , Bloomberg, 04/30/2010
MarketMinder's View: As we’ve said, the eulogy for US consumers was premature, evidenced by consumer spending hitting a new all-time high in Q1. For more, see our 08/17/2009 cover story, “The Report of the Consumer’s Death Is an Exaggeration.”
Market Misperceptions
By , Times Online, 04/30/2010
MarketMinder's View: Greece certainly has some issues to sort out, but those issues are country-specific and shouldn’t derail the global economic recovery.
Market Misperceptions
By , The Boston Globe, 04/30/2010
MarketMinder's View: If current deficit levels continued infinitely into the future, we’d absolutely encounter a debt catastrophe. But that isn’t likely to happen. The current deficit is mostly a result of the recession and consequent stimulus spending—the former is likely already over, and the latter won’t continue forever.
Sensible Stories
By , The Street, 04/30/2010
MarketMinder's View: Today’s positive US GDP report is yet another sign the US and global economies are on increasingly sound footing.
04/30/2010
Sensible Stories
By , Associated Press, 04/29/2010
MarketMinder's View: Rosy is right! Most analysts are too pessimistic, while firms are lean and cash-rich and the economy is improving, giving revenues a lift. That translates into companies walloping expectations. See our 04/27/2010 cover story, “Rocky Earnings,” for more.
Sensible Stories
By , MSNMoney, 04/29/2010
MarketMinder's View: With the financial crisis still fresh in their minds, too many investors have, unfortunately, missed out on the massive rebound so far. Or at least they feel like they have… For more, see our 3/29/2010 cover story, “Feelings and Other Tragedies.”
Market Misperceptions
By , Reuters, 04/29/2010
MarketMinder's View:
Yet another example of the pessimism of disbelief. Labor conditions are improving more slowly than most anyone would like, but that’s common following recession and means little for stocks going forward.
Market Misperceptions
By , MarketWatch, 04/29/2010
MarketMinder's View:
The FOMC’s decision to keep rates steady likely had little to do with PIIGS and more to do with our domestic economy. Investors shouldn’t fear eventual tightening—it’ll likely reflect a much improved economy. For more, see today’s cover story, “A (Non) Moving Target.”
Market Misperceptions
By , Daily Finance, 04/29/2010
MarketMinder's View:
Despite many comparisons, the PIIGS situation bares virtually no resemblance to the financial crisis. PIIGS concerns are well-known, and steps are well underway to mitigate the impact. That certainly wasn’t true before credit markets locked up in 2008.
Sensible Stories
By , Associated Press, 04/29/2010
MarketMinder's View: Don’t expect the employment picture to get better right away, but signs of improvement are emerging.
Market Misperceptions
By , Seeking Alpha, 04/29/2010
MarketMinder's View:
Wow. Why even get up in the morning with so much wrong with the world? Fortunately, bull markets thrive on these misguided concerns. For more, see our 1/25/2010 cover story, “Pessimism of Disbelief.”
Sensible Stories
By , Time, 04/29/2010
MarketMinder's View: The FOMC reiterated its intention to keep interest rates exceptionally low for an extended period. Boring—yes. But very sensible. See today’s cover story “A (Non) Moving Target” for more.
Sensible Stories
By , Seeking Alpha, 04/28/2010
MarketMinder's View: Noise like the Goldman hearing makes good headlines, but don’t let them distract you from the real signs of economic improvement evident worldwide.
Market Misperceptions
By , The New York Times, 04/28/2010
MarketMinder's View:
So we’re supposed to believe taxes collected from banks will remain untouched and be available when crisis arises. Forgive us for being skeptical. An added bank tax would undoubtedly make its way down to the people who use banks (aka taxpayers). For more, see our 04/22/10 cover story, “FAT Chance.”
Market Misperceptions
By , International Business Times, 04/28/2010
MarketMinder's View:
Employment isn’t the sole determinant of a recession’s beginning and end. Even if it was, it wouldn’t mean much for stocks. Remember: Employment is a lagging indicator. The stock market leads.
Market Misperceptions
By , The Wall Street Journal , 04/28/2010
MarketMinder's View:
“Could Greece, which accounts for just 2.6% of euro-zone GDP, prove decisive?” We don’t think so. For more, see our 04/08/10 cover story, “Greece Got Your Goat?”
Sensible Stories
By , CNN Money, 04/28/2010
MarketMinder's View: S&P lowering Greece’s debt rating is just the latest chapter in the Greek tragedy. Until a solution is settled, expect the possibility of stock market volatility due to Greek debt worries. For more, see today’s cover story, “The Benefits of Union.”
Market Misperceptions
By , Associated Press, 04/28/2010
MarketMinder's View:
A credit rating agency “might” do something “if” the government does something.  This seems like a lot of uncertainty—is this even a story? But the real question is, should you care what Moody’s thinks? For more, see our 4/12/10 cover story, “Extra-Special Bulletproof.”
Sensible Stories
By , Bloomberg via BusinessWeek, 04/28/2010
MarketMinder's View: We get excited every year when we see headlines about selling in May. Why? It means summer is around the corner! Break out the sunblock and ignore arbitrary markers and silly rules. As the author points out, “it’s possible the stock market’s supposed ‘seasonality’ is just us finding patterns in random events.”
Market Misperceptions
By , Slate, 04/28/2010
MarketMinder's View:
Financial firms have and will likely be a target for politicians for some time, and Goldman has become the bull’s eye. Ignore the political posturing and media commentary—the events at Goldman occurred three years ago and do not speak to the health of capital markets going forward. 
Sensible Stories
By , Telegraph , 04/28/2010
MarketMinder's View: Regulating Financials is the topic du jour on both sides of the Atlantic. As the former Deputy Governor of the Bank of England rightly concludes, forcing banks to brace for huge new regulations could slow growth and delay recovery.
Market Misperceptions
By , MarketWatch, 04/27/2010
MarketMinder's View:
Don’t let paranoia keep you out of the market. There are always things to worry about, but few have the ability to derail the stock market. Yes, there are times to be bearish, but in our view, now isn’t the time.
Market Misperceptions
By , Times , 04/27/2010
MarketMinder's View:
UK debt isn’t at a particularly worrisome level and likely won’t be for the foreseeable future. For more, see our 04/23/2009 cover story, “Packing on the Pounds.”
Sensible Stories
By , Daily Finance, 04/27/2010
MarketMinder's View: This is positive for the overall economy. As the economy gains traction, employers are becoming more confident and hiring again.
Sensible Stories
By , Seeking Alpha, 04/27/2010
MarketMinder's View: Strong balance sheets plus oodles of cash are helping drive M&A activity in Financials and other sectors.
Sensible Stories
By , Politico, 04/27/2010
MarketMinder's View: For now, this bill is stagnate in the Senate, but keep an eye on it and expect more to come.
Market Misperceptions
By , Slate, 04/27/2010
MarketMinder's View: Goldman’s issues have yet to be sorted out, but the implication here is Goldman (and by extension other Wall Street firms) engage in few “economically useful functions.” Tell that to the myriad investors, businesses, and governments that rely on firms like Goldman to raise capital, invest funds, hedge risk, etc. For more, see our 04/19/2010 cover story, “Goldman on Trial.”
Market Misperceptions
By , Seeking Alpha, 04/27/2010
MarketMinder's View:
Economies go through cycles. That’s just how economies work. That means benefiting from upturns and weathering downturns. But even after tough times, the economy emerges stronger.
Sensible Stories
By , Real Clear Markets, 04/27/2010
MarketMinder's View: While we might not agree with everything here, this is a good look at how trade benefits the global economy and why “imbalances” aren’t to blame for the financial crisis.
Sensible Stories
By , MarketWatch, 04/27/2010
MarketMinder's View: Things are looking up for South Korea and other Asian emerging markets. Economic growth is generally strong, and debt is even being upgraded. For more, see our 4/16/2010 cover story, “PIIGS Versus SKIMJOSTS.”
Sensible Stories
By , Los Angeles Times, 04/27/2010
MarketMinder's View: As we’ve said before, consumer confidence isn’t a reliable stock market indicator, but it’s encouraging to see faith in the economic recovery growing.
Market Misperceptions
By , The American, 04/27/2010
MarketMinder's View:
As this article shows, countries in deflation understandably jumped in the midst of a steep recession. But deflationary forces have already retreated and are now fairly normal.
Sensible Stories
By , The Wall Street Journal, 04/26/2010
MarketMinder's View: A cogent look at why derivatives aren’t solely to blame for the housing crash and the financial crisis. If anything, short-selling, CDSs, and the like often contribute to improved price discovery—an important part of well-functioning stock markets. See our 01/30/2009 cover story, “A CDS Witch Hunt,” for more.
Sensible Stories
By , Associated Press, 04/26/2010
MarketMinder's View: Even the government’s investment in troubled Citigroup is turning out to be profitable. See our 03/30/2010 cover story, “Short-Changed,” for more.
Sensible Stories
By , The New York Times, 04/26/2010
MarketMinder's View: We’ve said before credit ratings agencies shouldn’t wield as much power as they do, and though we don’t agree with everything here, this article highlights some reasons why. See our 04/12/2010 cover story, “Extra-Special Bulletproof,” for more.
Market Misperceptions
By , Times, 04/26/2010
MarketMinder's View:
We’ve heard this before about the PIIGS countries, but fact is, the situation in Europe has been well contained. PIIGS countries saw high demand for their government bond sales—yes, even Greece—after they priced their bond offerings appropriately. See our 04/08/2010 cover story, “Greece Got Your Goat?” for more.
Sensible Stories
By , Real Clear Markets, 04/26/2010
MarketMinder's View: “Every financial reform, even if mostly successful, ultimately gives way to another because there are unintended consequences or unforeseen problems.” Yep. Appropriate regulation is a good thing, but knee-jerk overregulation can cause more problems than it solves.
Market Misperceptions
By , The Street, 04/26/2010
MarketMinder's View:
If you like pretty jewelry, sure, buy all the gold you want. But if you’re looking to gold as a long-term investment, then buyer beware—gold’s long-term returns have historically trailed that of stocks’. See our 02/12/2010 cover story, “Gold’s Safety Blanket Myth,” for more.
Sensible Stories
By , Financial Times, 04/26/2010
MarketMinder's View: Less is usually more when it comes to mixing politics with private industry—on Wall Street or just about anywhere else.
Sensible Stories
By , RTTNews , 04/26/2010
MarketMinder's View: Makes sense—we’ve been saying hiring will follow economic recovery, not the other way around. See our 01/11/2010 cover story, “Another Brick in the Wall,” for more.
Market Misperceptions
By , BusinessWeek, 04/26/2010
MarketMinder's View:
True, historically, extreme optimism often precedes bear markets, but you needn’t look any farther than the articles we highlight in our "Market Misperceptions" to see sentiment is far from euphoric today.
Market Misperceptions
By , Associated Press, 04/26/2010
MarketMinder's View:
Maybe—but not for long. Past less-than-desirable jobs reports did nothing to derail the bull so far. There’s no special reason why the April jobs report would either.
Market Misperceptions
By , DailyFinance, 04/26/2010
MarketMinder's View:
Simply? No, it’s not. The VIX is, at best, a coincident indicator and highly flawed at that. Plus, market volatility is normal, not the other way around. See our 09/28/2009 cover story, “Shaken, Not Stirred,” for more.
Market Misperceptions
By , Reuters, 04/23/2010
MarketMinder's View: As we’ve said in the past, debt is simply a tactic that can be and usually is used appropriately by people, corporations, and governments. For more, see our 2/17/2010 column, “IOUs That Shouldn’t Worry U or I.”
Market Misperceptions
By , DailyFinance, 04/23/2010
MarketMinder's View: Durable goods orders actually increased in most industries. The headline just misleads an otherwise sensible story. Worth the read—just skip the first three paragraphs.
Market Misperceptions
By , The New York Times, 04/23/2010
MarketMinder's View: Um. OK. It’s rather silly to think taxing banks reduces risks. It just increases their costs, which get passed, almost directly, to customers. So, why are we punishing customers again? For more, see our 4/22/2010 cover story, “FAT Chance.”
Sensible Stories
By , Associated Press, 04/23/2010
MarketMinder's View: It’s not as if we (and the rest of the world) didn’t see this coming. Impact on the markets? Probably neutral. At the very least, it’s finally a resolution, and stocks prefer clarity to uncertainty—so that’s positive.
Market Misperceptions
By , Telegraph, 04/23/2010
MarketMinder's View: Heavens, yes—net public debt is indeed a much better indicator of a nation’s outstanding debt. For many nations, a huge portion of their government debt is held by . . . the government. Looking at just net public debt, Japan’s debt as a percent of GDP isn’t so alarming
Market Misperceptions
By , Reuters, 04/23/2010
MarketMinder's View: Sentiment surveys are always fraught with problems—mostly because they are backward-looking or coincident at best. Use them as a forward-looking indicator at your peril
Sensible Stories
By , CNNMoney, 04/23/2010
MarketMinder's View: The power these agencies (aka glorified bond analysts) wield is rightfully being questioned. For more, see our 4/12/2010 cover story, “Extra-Special Bulletproof.”
Sensible Stories
By , Fortune, 04/23/2010
MarketMinder's View: It’s politically popular and easy to bash the banks. But let’s remember, many of these financial firms have paid back TARP monies (with interest!). Demonizing a sector may feel good, but it’s not necessarily productive. For more, see today’s cover story, “To Burn or to Stone…”
Sensible Stories
By , Businessweek, 04/23/2010
MarketMinder's View: “Overall the fundamentals are improving. No one expects things to blow out by year end.” Strong corporate bond sales are encouraging signals and continue the recovery momentum. For more about corporate bonds, see our 3/12/2010 cover story, “Logorama.”
Sensible Stories
By , Reuters, 04/22/2010
MarketMinder's View: Encouraging signs for the global recovery abound.
Market Misperceptions
By , Reuters, 04/22/2010
MarketMinder's View:
Greece’s woes continue, which is bad for Greece, but their debt woes are largely contained inside their borders. For more, see our 4/8/2010 cover story, “Greece Got Your Goat?”
Sensible Stories
By , Bloomberg, 04/22/2010
MarketMinder's View: Yet another example of emerging markets exhibiting stronger growth.
Sensible Stories
By , The New York Times, 04/22/2010
MarketMinder's View: It’s normal for politicians to rebuke a politically correct target after a bear market and/or recession. Expect more finger pointing at Financials, even though overall the system is vastly healthier now.
Market Misperceptions
By , Bloomberg, 04/22/2010
MarketMinder's View:
We are highly dubious that government interference in compensation is a good idea. See it this way: Do you want the government deciding how you should be paid? Or do you prefer it be a contract decided between you and your employer? (Rhetorical question.)
Market Misperceptions
By , Edmonton Journal, 04/22/2010
MarketMinder's View:
Why do people think taxing business reduces risk? It doesn’t. It just raises costs for customers (i.e., most everyone). Firms don’t just swallow additional costs, they get passed on to customers and have zero to do with risk control.
Market Misperceptions
By , The Wall Street Journal, 04/22/2010
MarketMinder's View:
The idea that taxing finance firms will reduce risk or somehow prevent further bubbles is just unfounded and a bit silly. For more, see today’s cover story, “FAT Chance.”
Sensible Stories
By , The Wall Street Journal, 04/22/2010
MarketMinder's View: Even automakers are recovering. More evidence we’re living in an overall healthier world.
Market Misperceptions
By , Seeking Alpha, 04/22/2010
MarketMinder's View:
After every recession, folks claim it’s a “jobless recovery” because, after ever recession, job creation lags the recovery. This time likely is no different. When sales improve markedly and CEOs regain confidence, they’ll start hiring again. That’s just rational.
Sensible Stories
By , CNBC, 04/22/2010
MarketMinder's View: “The world economy is clearly in a V-shaped recovery and those talking up a double dip recession are way off the mark.” Amen.
Market Misperceptions
By , Reuters, 04/21/2010
MarketMinder's View:
What do you get when you combine finger-pointing politicians and angry voters? Poorly planned regulatory backlash (yes you, Sarbanes-Oxley)! With midterm elections around the corner, expect banks to get a tongue lashing from politicians in coming months. For more, see our 03/30/10 cover story, “Short-Changed.” 
Market Misperceptions
By , Seeking Alpha, 04/21/2010
MarketMinder's View:
The IMF recently identified sovereign debt as “the newest threat to the financial system.” Sovereign debt is just the latest in a long line of stories set to cause a double dip and end the bull market.  As far as we’re concerned, it can take a number and get in line with the many other overwrought concerns. For more, see today’s cover story, “Brimstone for Breakfast.”
Sensible Stories
By , Times , 04/21/2010
MarketMinder's View: Folks tend to shun risk after recessions and bear markets, claiming excess risk led to calamity. But risk has an important place in the economy and society. There are few achievements, inventions, or innovations that didn’t require taking risks.
Market Misperceptions
By , Daily Finance , 04/21/2010
MarketMinder's View:
The emphasis here should be on “creeping.” Interest rates are likely to rise as economies continue recovering. But gradually rising rates tied to economic improvement needn’t derail stocks.
Sensible Stories
By , The Sydney Morning Herald, 04/21/2010
MarketMinder's View: About this time last year, few believed the global economy would be recovering so soon. The world is gradually shrugging off the pain of the financial crisis and focusing on better times ahead.
Market Misperceptions
By , Time, 04/21/2010
MarketMinder's View:
What does an incomplete stock markets chart thumb tacked to a cubicle wall tell us about the stocks’ future? Absolutely nothing.  
Sensible Stories
By , EU Business, 04/21/2010
MarketMinder's View: Developing countries are proving more resilient than some of their developed counterparts. Many emerging market economies are exhibiting stronger growth, stocks are outpacing those in developed countries, and debt is actually being upgraded! For more, see our 03/01/10 cover story, “Underdogs Victorious.”
Sensible Stories
By , Real Clear Politics, 04/21/2010
MarketMinder's View: Capitalism has been vilified by some as the root of recent turmoil, but we’re far better off overall thanks to capitalism than we would be otherwise.
Sensible Stories
By , The Detroit News, 04/20/2010
MarketMinder's View: The government still has a significant investment in automakers, but the fact GM is joining major banks in paying back government loans is a positive sign.
Sensible Stories
By , The New York Times, 04/20/2010
MarketMinder's View: Greece isn’t out of the woods—far from it—as evidenced by spiking long-term interest rates. But strong demand for short-term Greek debt offerings shows buyers are present at the right price and willing to buy. For more, see our 04/08/2010 cover story, “Greece Got Your Goat?”
Market Misperceptions
By , MintLife, 04/20/2010
MarketMinder's View:
Pretty much complete nonsense. The basic math here isn’t even right (China owns 7% of our debt, not 14%). And what do the profits of health care companies have to do with national debt or China? Ignore.
Market Misperceptions
By , The Washington Post, 04/20/2010
MarketMinder's View:
Debt and deficits can be problematic, as we’ve seen in Greece. But globally, debt isn’t near problematic levels—even the other PIIGS countries are faring far better than Greece. In fact, many countries have actually had their debt upgraded recently. For more, see our 04/16/2010 cover story, “PIIGS Versus SKIMJOSTS.”
Market Misperceptions
By , CNNMoney, 04/20/2010
MarketMinder's View:
No, main street hasn’t fully recovered. But it’s recovering nicely and much more quickly than most expected. 
Sensible Stories
By , Carpe Diem, 04/20/2010
MarketMinder's View: The more things change, the more they stay the same. Our economic challenges today aren’t so different than those we’ve faced and overcome in the past.
Sensible Stories
By , Minyanville, 04/20/2010
MarketMinder's View: Just over a year ago, the US financial system was written off as dead by many. Today, most major banks are well capitalized and have returned to profitability. Financial firms still face challenges, but a much more stable financial system bodes well for economic recovery.
Market Misperceptions
By , Telegraph, 04/20/2010
MarketMinder's View:
Invoking Lehman Brothers’ name might induce fear as intended, but the situation in Greece is vastly different than the factors that led to the financial panic in 2008.
Sensible Stories
By , Associated Press , 04/19/2010
MarketMinder's View: Whether or not Goldman is guilty as charged, these cases are typical in the aftermath of a bear market. See today’s cover story, “Goldman on Trial,” for more.
Sensible Stories
By , Bloomberg, 04/19/2010
MarketMinder's View: It’s typical to see a steep stock market recovery later reflected in the broader economy. Here’s just one example.
Market Misperceptions
By , USA Today, 04/19/2010
MarketMinder's View:
First, the Fed has stated several times its intention to keep rates low for awhile. Second, stimulus will be phased out eventually. In every cycle, it’s normal for one bullish driver to give way to another.
Market Misperceptions
By , Associated Press, 04/19/2010
MarketMinder's View:
Nothing surprising about weaker banks failing after a financial crisis. Overall, this likely won’t affect the economy much, if at all. Case in point? Fifty banks have been closed this year, and yet stocks keep moving up.
Sensible Stories
By , The Washington Post, 04/19/2010
MarketMinder's View: Agreed. It seems politicians have spent so much political capital this year, passing something like a highly unpopular, massive, regressive tax increase doesn’t stand much chance of passing.
Sensible Stories
By , Bloomberg, 04/19/2010
MarketMinder's View: Investors in commercial mortgage-backed securities don’t seem to be buying the notion commercial real estate is the “next shoe to drop.” Instead, they’re aggressively buying up securities backed by commercial debt. For more, see our 10/22/2009 cover story “Other Shoe Blues.”
Market Misperceptions
By , Bloomberg, 04/19/2010
MarketMinder's View:
With flights already expected to take off in the next few days, this seems a bit overwrought.
Market Misperceptions
By , The New York Times, 04/19/2010
MarketMinder's View:
One hurdle would be the wall of worry bull markets like to climb—and this article is a brick in that wall.
Market Misperceptions
By , The Motley Fool, 04/19/2010
MarketMinder's View:
Another question would be: Is our debt even problematic? Though elevated now, we’ve gone through periods with similar and even much higher levels of debt without long-term ill effects.
Sensible Stories
By , The Big Money, 04/16/2010
MarketMinder's View: First comes economic revival, then hiring. Here’s an uplifting sign employment is on the mend in a sector that’s thriving recently.
Sensible Stories
By , The Sydney Morning Herald, 04/16/2010
MarketMinder's View: Firms are cash-rich, equity valuations are attractive, and the economy is improving. Not surprisingly, M&A deals are ramping up as a result—a positive sign for stocks.
Market Misperceptions
By , Reuters, 04/16/2010
MarketMinder's View: To be fair, this article correctly mentions corrections are very short-term in nature, but even suggesting corrections can be predicted with any accuracy is off base. Corrections are inherently unpredictable and show up as mere blips in the midst of a larger trend. The best approach for most investors is to ride right through them. For more, see our 1/14/2010 cover story, “Correct Correction Behavior.”
Market Misperceptions
By , The Washington Post, 04/16/2010
MarketMinder's View: Big banks’ profits might be difficult for some to stomach, but make no mistake—a healthy financial system and improving prospects for banks are good for the economy overall.
Sensible Stories
By , The Globe and Mail, 04/16/2010
MarketMinder's View: We have no idea if Goldman Sachs is guilty of the charges against it, but it’s clear financial firms are in regulators’ and lawmakers’ crosshairs—sometimes justifiably, sometimes not. Either way, investors should tread cautiously in a sector drawing so much scrutiny.
Sensible Stories
By , Los Angeles Times, 04/16/2010
MarketMinder's View: China, a global leader in the recovery, continues to prove its strength.
Sensible Stories
By , Investment News, 04/16/2010
MarketMinder's View: Obviously, believing recovery isn’t underway doesn’t make it so. That the majority of investors (at least in this poll) fail to recognize last year’s gangbuster returns is simply amazing. This negative sentiment is positive for stocks as it sets a low hurdle for reality to surpass. For more, see our 3/29/2010 cover story, “Feelings and Other Tragedies.”
Market Misperceptions
By , Bloomberg, 04/16/2010
MarketMinder's View: Consumer sentiment is a backward-looking indicator that tells investors almost nothing about future market behavior. For more, see our 2/24/2010 cover story, “A False Prophet.”
Sensible Stories
By , The Wall Street Journal, 04/16/2010
MarketMinder's View: The US should take a good hard look at Europe’s perceived “benefits” from the VAT before making any final decisions.
Market Misperceptions
By , MarketWatch, 04/16/2010
MarketMinder's View: This nonsensical indicator might not be bullish, but a company seeing a need and filling it is a big reason the US is successfully emerging from recession.
Market Misperceptions
By , Seeking Alpha, 04/15/2010
MarketMinder's View: There’s an excess of bullishness? News to us. All we can see is the same dour disbelief.
Sensible Stories
By , The Wall Street Journal, 04/15/2010
MarketMinder's View: A reminder to politicians why raising taxes on the “rich” doesn’t work like they think it does. America is the land of upward mobility. Remove that incentive, and you remove the incentive for business creation.
Sensible Stories
By , Financial Times, 04/15/2010
MarketMinder's View: Well, maybe they are, and maybe they aren’t. Prices don’t have to fall just because they’ve risen a lot. What is true is gold tends to be a boom-bust game. And if you’re not very good at market timing, you probably won’t be very good at market timing gold. For more, see our 2/12/2010 cover story, “Gold’s Safety Blanket Myth.”
Sensible Stories
By , The Wall Street Journal, 04/15/2010
MarketMinder's View: The light at the end of the tunnel is getting much brighter for big financial institutions and should continue to fuel the recovery via extending credit to the credit-worthy.
Sensible Stories
By , The Wall Street Journal, 04/15/2010
MarketMinder's View: One thing we can all agree on—paying taxes is an aggravating task, made more aggravating by our complicated tax code. But as annoying as taxes are, we see little material impact on capital markets. For more, see today’s cover story, “Uncle Sam’s Payday.”
Market Misperceptions
By , CNNMoney, 04/15/2010
MarketMinder's View: "Week-to-week numbers can be volatile.  It will work itself out over the next few weeks."   As we’ve said (repeatedly), employment typically lags the economy. This isn’t a sign of doom, this is just the rational behavior of CEOs who don’t want to start hiring until they see a marked and continued improvement in sales.
Sensible Stories
By , The New York Times, 04/15/2010
MarketMinder's View: Industrial production increases continue to reflect a strong global recovery. For more, see our 2/19/2010 cover story, “Whoop, There It Is.”
Market Misperceptions
By , The New York Times, 04/15/2010
MarketMinder's View: Yes, Greek and Portugal’s woes are real—for them. But there’s little evidence of a debt contagion. In fact, far more nations, representing much more global GDP have had debt upgrades this year.
Market Misperceptions
By , Bloomberg , 04/15/2010
MarketMinder's View: The growth is only slightly over the projected number and we wouldn’t characterize that as “overheating.” Fast growth isn’t unusual in emerging markets, where strong internal demand from populations moving into higher per capita income levels also helps contribute to growth. 
Market Misperceptions
By , Seeking Alpha, 04/14/2010
MarketMinder's View:
“Current conditions in the US stock market are reaching an excess of bullishness.” Seriously? The last time we checked the stock market was climbing a Mt. Kilimanjaro-like wall of worry. 
Sensible Stories
By , BusinessWeek, 04/14/2010
MarketMinder's View: No one knows what the PBOC’s next move will be for the Chinese economy. What we do know is that it will be closely watched. For more, see our today’s cover story, “Monetary Measurements.”
Sensible Stories
By , MarketWatch, 04/14/2010
MarketMinder's View: Mr. Bernanke rightly concludes current growth data “will be sufficient to promote a moderate economic recovery in coming quarters.”
Market Misperceptions
By , Telegraph , 04/14/2010
MarketMinder's View:
Expanding economies and markets need fuel—record demand for oil is bullish for stocks. 
Sensible Stories
By , Reuters , 04/14/2010
MarketMinder's View: “Even as spending gathers momentum, there are no signs of inflation picking up.” As we have said before, inflation remains a distant risk. Retailers do not currently have the pricing power to stoke the wicked fires of runaway inflation. For more, see our 3/19/10 cover story, “March On.”
Sensible Stories
By , Seeking Alpha, 04/14/2010
MarketMinder's View: Asia appears to be leading the way, but don’t overlook the positive signs in the US. As headlines point out, this is just “More Evidence of [a] Worldwide Recovery.”
Market Misperceptions
By , MarketWatch, 04/14/2010
MarketMinder's View:
Yes, we do. This is just a lot of “this time it’s different” pessimistic talk. Unemployment reports and data can be sliced and diced any number of ways to prove any number of points. Regardless, stocks will have long been on the road to recovery before we see improvements in unemployment. For more, see our 2/8/10 cover story, “A Tale of Two Surveys.”
Market Misperceptions
By , Reuters, 04/14/2010
MarketMinder's View:
Don’t get us wrong, we’re happy to see the S&P hit 1,200. But investors should ignore arbitrary numbers and milestones and be of wary pundits trying to divine meaning out of index highs (or lows). For more, see our 3/18/10 cover story, “Meaningless Marker.”
Sensible Stories
By , EU Business, 04/14/2010
MarketMinder's View: Manufacturing marches on in Europe and the US. For more, see our 2/4/10 cover story, “Melancholy Over Manufacturing?”
Market Misperceptions
By , The New York Times, 04/13/2010
MarketMinder's View:
While it’s true the whole globe is recovering, that doesn’t mean it’s necessary for any one region to start raising interest rates as a result. Nations will act as local conditions warrant.
Sensible Stories
By , Bloomberg, 04/13/2010
MarketMinder's View: Signs of stronger demand for Greek debt as Greece sells off a large chunk. For more, see our 04/08/2010 cover story, “Greece Got Your Goat?”
Sensible Stories
By , Seeking Alpha, 04/13/2010
MarketMinder's View: While it may be hard to swallow at times, corrections are perfectly normal. Investors must sometimes weather the bumps and bruises to reap the long-term bull market benefits.
Sensible Stories
By , MarketWatch, 04/13/2010
MarketMinder's View: “Imports of consumer goods rose 3.1% during February. This may be a hint of stronger domestic demand.” Amen.
Market Misperceptions
By , MarketWatch, 04/13/2010
MarketMinder's View: The truth is those demonized banks are paying back their loans with interest. The US government is making money on those loans! It was the auto makers (who were never supposed to get TARP money in the first place) who turned out to be poor investments. Well, duh. They’ve been losing money for years. For more, see our 03/30/2010 cover story, “Short-Changed.”
Sensible Stories
By , CNN Money, 04/13/2010
MarketMinder's View: “Looking further ahead, second-, third- and fourth-quarter earnings are also primed for growth.” Very true, and likely to beat too-meager expectations, which is bullish.
Market Misperceptions
By , MarketWatch, 04/13/2010
MarketMinder's View:
Hang on—NBER doesn’t say we are still in a recession. They just declined to date the end yet. They normally don’t date the end until many, many months after. For more, see today’s cover story, “Wonka Wonka Wonka.”
Market Misperceptions
By , Investment News, 04/13/2010
MarketMinder's View:
Yes, debt is elevated now. But we’ve seen this level of debt relative to GDP before, and it didn’t cause runaway inflation.
Sensible Stories
By , Times , 04/13/2010
MarketMinder's View: Don’t expect the yuan to float freely any time soon. China has no plans to dramatically adjust its current exchange rate.
Market Misperceptions
By , Daily Finance, 04/12/2010
MarketMinder's View:
So much bad advice here. Simply recommending any asset class without knowing what goals an investor is trying to achieve is wrong-headed. Long-term, growth-oriented investors likely need stocks in their portfolios to achieve their goals.
Sensible Stories
By , The Washington Post, 04/12/2010
MarketMinder's View: The EU has agreed to make “as much as $40 billion in below-market-rate loans available to Greece.” Greece and other PIIGS still face struggles, but it’s clear they won’t face them alone. For more, see our cover stories, “A Big Fat Greek Deficit—Redux” (02/05/2010), “Headline Hog” (02/26/2010), and “Greece Got Your Goat?” (04/08/2010).
Market Misperceptions
By , Associated Press , 04/12/2010
MarketMinder's View:
As we’ve said before, it’s not surprising to see bank failures after a financial crisis—struggles of small banks like this one mean little to stocks or the economy going forward. See our 05/26/2009 cover story, “Extreme Makeover: Bank Edition,” for more.
Market Misperceptions
By , Associated Press, 04/12/2010
MarketMinder's View:
This headline’s based on two factors: jobs numbers and home values. The first, jobs numbers, historically recover after stocks—not surprising since firms will hire after they start seeing a jump in profits, not before. And second, home values historically have little correlation to stock market movement or economic progress. Ignore.
Sensible Stories
By , Fox News, 04/12/2010
MarketMinder's View: An article underscoring the fact that the struggle to pass health care reform sapped politicians’ political will to pass anything else of much material—a good thing for stocks.
Sensible Stories
By , The Wall Street Journal, 04/12/2010
MarketMinder's View: “Of the $245 billion that Treasury invested in US banks, $169 billion has been returned, and officials estimate an eventual profit of $8 billion.” When TARP was first enacted, there was much outcry against the bailout of big banks and how taxpayers were paying for it—and now, it turns out the government (i.e., taxpayers) will likely wind up making a profit.
Sensible Stories
By , Slate, 04/12/2010
MarketMinder's View: Some well thought-out reasons to be optimistic about America’s economic prospects—and why the pessimism of disbelief still pervades.
Sensible Stories
By , USA Today, 04/12/2010
MarketMinder's View: “The NBER normally takes its time in declaring a recession has started or begun.” Exactly why their economic calls are of little use to investors—NBER looks backward, not forward.
By , Bloomberg, 04/10/2010

MarketMinder's View: This look at the lack of celebrity fund managers today is an interesting snapshot of sentiment. Stock-picking, like stocks themselves, is unloved. Heroes of old are out of the limelight, even though some have done quite well recently. In their place are the bond fund kings, with their famous projections of “new normal” slow growth (and the like) receiving reverence worldwide. Stock investing is often an optimist’s game, and even six-plus years after the last bear market ended, society just isn’t ready to fete the (rationally) raving optimists. At most euphoric market peaks, you get a wave of investor and CEO heroes, like the old lions fondly recalled here. We aren’t there yet.

By , The Telegraph, 04/10/2010

MarketMinder's View: It seems foreign demand for UK government bonds is dropping a bit, and many believe election uncertainty is why. No party is expected to win a majority next month, and many fear the resulting gridlock of a minority or coalition government will stall UK markets and create uncertainty. Perhaps bond markets are pricing that in, and perhaps UK stocks are also discounting those fears, considering the MSCI UK Index is trailing the world year to date. That’s about all we’d dare gleaning from this article, and it’s actually good news—it doesn’t mean the UK is hemorrhaging capital, contrary to the assertion here. It means expectations are good and low, creating lots of room for gridlock’s overwhelmingly positive reality to be a big happy surprise. Gridlock doesn’t create uncertainty, and in Britain, it won’t prevent anything major—the UK doesn’t need “fiscal consolidation,” considering debt is quite affordable as tax revenues grow faster than interest payments. Instead, it should help prevent radical change folks fear from both major parties, including “Brexit” and price controls. That reduces uncertainty and probably attracts foreign capital.

Market Misperceptions
By , The Wall Street Journal, 04/09/2010
MarketMinder's View: Okay, so Greece is now a “triple B-minus” country. Does anyone besides the Greeks find this shocking? No matter the country’s rating, the EU and IMF have pledged fiscal support should a bailout be required. See our 04/08/2010 cover story, “Greece Got Your Goat?” for more.
Sensible Stories
By , Bloomberg, 04/09/2010
MarketMinder's View: As we’ve said here before, a Greek default seems unlikely. For more, see our cover stories, “Greece Got Your Goat?” (04/08/2010), “A Big Fat Greek Deficit (Redux)” (02/05/2010), “Headline Hog” (02/26/2010), and “A Grecian Knot” (12/09/2009).
Market Misperceptions
By , Bloomberg, 04/09/2010
MarketMinder's View: China is indeed growing fast, thanks to both internal demand and strong demand outside its borders. Emerging Markets overall are well positioned for continued strong growth. China may lead or lag its region, but doesn’t need to be a global leader forever for this recovery to continue or be robust. See our 08/21/2009 cover story, “Buckle Up,” for more.
Sensible Stories
By , The Wall Street Journal, 04/09/2010
MarketMinder's View: Inventories rose above expectations, but sales rose even more! Demand is outpacing supply. All more signs the global recover continues.
Sensible Stories
By , Associated Press, 04/09/2010
MarketMinder's View: More proof consumers aren’t in dire straits—March was the “fourth straight month of gains for retail sales.” See our 08/17/2009 cover story, “The Report of the Consumer’s Death Is an Exaggeration,” for more.
Market Misperceptions
By , San Francisco Chronicle, 04/09/2010
MarketMinder's View: Well, ok, but Fed chairs aren’t known to be spot-on economic forecasters. Further, stocks can recover strongly even on tepid growth. But the reality is we’re seeing evidence of a strong global recovery across a variety of indicators. See our 04/05/2010 cover story, “No Kidding,” for more.
Sensible Stories
By , Investor’s Business Daily, 04/09/2010
MarketMinder's View: Certainly, new and higher taxes don’t help make the US more competitive. For stocks, it won’t much matter because nations with higher taxes than the US have had long-term competitive returns. But because capital is so portable, higher taxes could cause some businesses to think twice about registering here.
Market Misperceptions
By , The Wall Street Journal, 04/09/2010
MarketMinder's View: “This is not normal joblessness…even when the recovery comes, some jobs will never return.” Yep, that’s very true. And no doubt, politicians are the worst possibly stewards of “job creation.” But as the economy improves, hiring will follow. 
Market Misperceptions
By , Bloomberg, 04/08/2010
MarketMinder's View:
Those waiting for the all-clear sign from employment data could be waiting awhile. But as we’ve seen over the last year, that shouldn’t doom stock prices.
Market Misperceptions
By , MarketWatch, 04/08/2010
MarketMinder's View:
Investors might be less pessimistic than they were in late ’08/early ’09, when many were calling for Great Depression II, but they’re definitely not euphoric. When it comes to sentiment, it’s really extremes that matter, and sentiment has a long way to go before folks become irrationally bullish. Stocks should benefit from improving sentiment in the interim.
Sensible Stories
By , New York Times, 04/08/2010
MarketMinder's View: Yep. We largely agree. A strong global recovery seems to be underway, and folks can’t shake their pessimism. Pretty darn typical.
Sensible Stories
By , The New York Times, 04/08/2010
MarketMinder's View: Fellow EU members and the IMF stand ready to provide Greece aid if needed. For more, see today’s cover story, “Greece Got Your Goat?”
Sensible Stories
By , The New York Times, 04/08/2010
MarketMinder's View: A currency brouhaha, or worse, a trade war, isn’t in China’s or the US’s best interests. Fortunately, cooler heads are likely to prevail. For more, see our 4/6/2010 cover story, “Whose Side Are Yuan?”
Sensible Stories
By , The Wall Street Journal, 04/08/2010
MarketMinder's View: Some EU officials have been squawking about speculators driving up the cost of insuring Greek debt, but the most active players are investors trying to protect their investments from a legitimate threat.
Market Misperceptions
By , Minyanville, 04/08/2010
MarketMinder's View:
Misperceptions about the state of consumers are widespread. Consumers didn’t pull back nearly as much as most people believe during the downturn, and they’re recovering right along with the rest of the economy. For more, see our 8/17/2009 cover story “The Report of the Consumer’s Death Is an Exaggeration.”
Market Misperceptions
By , Barron’s, 04/08/2010
MarketMinder's View:
Nothing more than a laundry list of likely flimsy concerns already well known to investors that wreaks of the pessimism of disbelief. See our 1/25/2010 cover story, “Pessimism of Disbelief,” for more.
Sensible Stories
By , MarketWatch, 04/08/2010
MarketMinder's View: The economy is improving, but isn’t completely out of the woods yet. Expect the Fed and other central banks to keep the global economy well lubricated with liquidity for the foreseeable future.
Sensible Stories
By , The American, 04/08/2010
MarketMinder's View: The recovery the stock market has been forecasting is becoming evident in the real economy. Here are just a few of the positive signs.
Market Misperceptions
By , 04/07/2010
MarketMinder's View:
Blaming mortgage-backed bonds alone for the crisis is flawed enough, but absolving the politicians and policy makers who pushed creation of lower quality-underlying loans seems simply self-serving. 
Sensible Stories
By , BBC News, 04/07/2010
MarketMinder's View: Despite pessimism about a “patchy and fragile” recovery, the UK, who has been a laggard, seems set now for a more robust recovery.
Sensible Stories
By , Associated Press, 04/07/2010
MarketMinder's View: Keeping rates low for the time being seems a rational and appropriate move by the Bank of Japan.
Market Misperceptions
By , Barron’s, 04/07/2010
MarketMinder's View:
Timing gold is not so easy, technical analysis is questionable, at best, and taking a position against the rising tide of economic progress can be downright foolish.
Sensible Stories
By , Barron’s, 04/07/2010
MarketMinder's View: We don’t always agree with the policies of the federal government, but they do deserve some credit for diplomatically engaging China in lieu of harmful protectionist measures.
Sensible Stories
By , Bloomberg, 04/07/2010
MarketMinder's View: Inflation troubles still seem a long way off. Firms still lack pricing power, capacity utilization, though increasing, is still nowhere near maxed out, and unemployment is still elevated. For the time being, the Fed seems likely to continue being accommodative.
Market Misperceptions
By , Minyanville, 04/07/2010
MarketMinder's View:
Ah, the pessimism of disbelief—the quintessential bull market phenomenon.  Good, bad, or neutral news interpreted negatively and presented as the cause of a double dip.  For more, see our 01/25/2010 cover story, “The Pessimism of Disbelief.”
Market Misperceptions
By , RTT News, 04/07/2010
MarketMinder's View:
OK, but now we’re into Q2 2010. Where we have been doesn’t dictate where we are going.  Be careful of putting too much stock into backward-looking data. 
Sensible Stories
By , The Wall Street Journal, 04/07/2010
MarketMinder's View: After a tough year in 2009, retailers are optimistic that consumers are set to get back in the game and start spending.
Sensible Stories
By , MarketWatch, 04/07/2010
MarketMinder's View: A trade war between China and the US would be disastrous for both sides. It looks like a diplomatic, and mutually beneficial, solution could be in store. For more, see our 04/06/2010 cover story, “Whose Side Are Yuan.”
Sensible Stories
By , Bloomberg, 04/06/2010
MarketMinder's View: “The Institute for Supply Management's index of non-manufacturing businesses, which make up almost 90% of the economy, rose to 55.4 from 53 in February. Readings above 50 signal expansion.” More bullish economic news.
Market Misperceptions
By , The Independent, 04/06/2010
MarketMinder's View:
Don’t bet on it. Such a deal would require buy-in from virtually all countries. Chances are, countries whose banks avoided the problems that plagued many global institutions won’t be eager to saddle their banks with additional taxes.
Sensible Stories
By , Los Angeles Times, 04/06/2010
MarketMinder's View: Housing improvements are a welcome sign, but aren’t a requirement for rising stocks. For more, see our 03/31/2010 cover story, “Adventure’s Out There.”
Market Misperceptions
By , MarketWatch, 04/06/2010
MarketMinder's View:
The muted market impact of Greece’s continuing woes shows Greece’s continuing woes are just that—Greece’s woes. Contrary to what many feared during the market correction earlier this year, a global contagion isn’t afoot.
Sensible Stories
By , Reuters, 04/06/2010
MarketMinder's View: A gradual approach to yuan revaluation is likely best for both the US and China. For more, see today’s cover story, “Whose Side Are Yuan?”
Market Misperceptions
By , CNN Money, 04/06/2010
MarketMinder's View:
“Another crisis like the one that sparked the Great Recession is right around the corner.” We guess this depends on your definition of “right around the corner.” Could be 10 years or more according to this article. Simply saying disaster might occur at some point in the far-off future does investors little good today.
Sensible Stories
By , MarketWatch, 04/06/2010
MarketMinder's View: Unemployment is still high, but signs of strength in labor markets are emerging. As usual, stocks didn’t wait for the positive news and started rallying long before employment improvement.
Market Misperceptions
By , 24/7 Wall Street, 04/06/2010
MarketMinder's View:
Commercial real estate may indeed worsen and impact banks, but shouldn’t cause a repeat of 2008’s financial crisis. The commercial real estate mortgage market is far smaller than residential, many assets have already been written down, banks have set aside reserves for expected defaults, and commercial mortgages are concentrated in smaller banks, not systemically critical larger firms. For more, see our 10/22/2009 cover story, “Other Shoe Blues.”
Sensible Stories
By , The Globe and Mail, 04/06/2010
MarketMinder's View: The economy is clearly improving, yet folks remain skeptical. That’s a good environment for stocks. Low expectations are more easily surpassed, boosting stock prices.
Sensible Stories
By , The New York Times, 04/06/2010
MarketMinder's View: “The Australian central bank raised its key interest rate Tuesday by a quarter of a percentage point to 4.25 percent in a sign that it believed that the Australian economy was on solid-enough footing to be weaned off the low rates that were put in place to counter the global financial crisis in late 2008.” Bullish.
Sensible Stories
By , International Business Times, 04/05/2010
MarketMinder's View: As we’ve said before, a healthy economy begets job growth, not the other way around.
Sensible Stories
By , International Business Times, 04/05/2010
MarketMinder's View: Manufacturing has been an economic bright spot in the US and worldwide. For more, see today’s cover story, “No Kidding.”
Market Misperceptions
By , Bloomberg, 04/05/2010
MarketMinder's View: Just complete and total nonsense. The comparisons made here between the US today and fifth-century Rome are just ridiculous. Do yourself a favor and ignore.
Market Misperceptions
By , The Street, 04/05/2010
MarketMinder's View: And what happens when the Dow does reach 11,000? Who knows, but likely not much. The point is not to assign too much meaning to senseless markers. For more, see our 3/18/2010 cover story, “Meaningless Markers.”
Market Misperceptions
By , San Francisco Chronicle, 04/05/2010
MarketMinder's View: "In my judgment, a crisis could occur next week or 10 years from now." And what is an investor supposed to do with such precise economic forecasts? Nothing. Fact is, the US isn’t near worrisome levels of debt now, won’t be soon, and may never be. It’s foolish to simply extrapolate current conditions far out into the future.
Market Misperceptions
By , US News, 04/05/2010
MarketMinder's View: No, the economy hasn’t completely recovered yet. But the list of economic ills here shows where the economy has been, not where it’s going.
Sensible Stories
By , MarketWatch, 04/05/2010
MarketMinder's View: A myriad of economic reports boast improved results—a good sign for the recovering economy.
Sensible Stories
By , The Wall Street Journal, 04/05/2010
MarketMinder's View: Healthy debate on the proper course of monetary policy at the Fed is welcome. Still, expect monetary policy to remain accommodative for the foreseeable future.
Sensible Stories
By , The Globe and Mail, 04/05/2010
MarketMinder's View: In one word—yes. And here are a few reasons to celebrate a vigorous stock market.
Market Misperceptions
By , SmartMoney, 04/05/2010
MarketMinder's View: It’s just amazing how often folks get this backward. As we’ve said, the economy improves and then employment, not the other way around.
Sensible Stories
By , Associated Press, 04/01/2010
MarketMinder's View: Yet another sign US manufacturing isn’t a relic as many wrongly believe. Manufacturing continues to lead the economic recovery—in the US and abroad. For more, see our 02/04/2010 cover story, “Melancholy Over Manufacturing?”
Sensible Stories
By , The Economist, 04/01/2010
MarketMinder's View: Horrors! As extra virgin olive oil consumption has risen (thanks Rachael Ray!), the specter of undressed salads in Europe is a major threat to the endive, arugula, and mixed greens markets. This hysteria has reached its peak today, Thursday, APRIL 1st.
Sensible Stories
By , MarketWatch, 04/01/2010
MarketMinder's View: Simply, “Sell in May” is bad investing advice. Stocks are up as often as down in the summer months and average summer returns are far better than just holding cash. For more, see our 08/28/2009 column, “Sell in May, Go Astray.”
Market Misperceptions
By , The Canadian Press via The Globe and Mail, 04/01/2010
MarketMinder's View:
“More Canadians believe the national economy will worsen in the next 12 months.” The pessimism of disbelief is hard at work north of the boarder. Of course, “44% of Canadians surveyed expect their personal economic situation to improve over the next year.” Baffling. For more, see our 1/25/2010 cover story, “Pessimism of Disbelief.”
Market Misperceptions
By , Associated Press, 04/01/2010
MarketMinder's View:
Wasn’t the goal of TARP to help banks recover? Now the Treasury Secretary is decrying the fact it was successful. Banks and bankers make easy targets these days and probably will for awhile.
Market Misperceptions
By , FOXBusiness, 04/01/2010
MarketMinder's View:
As we’ve said many times, employment improvement will lag a stock market and economic recovery.
Market Misperceptions
By , CNBC, 04/01/2010
MarketMinder's View:
Catchy headline, but no substance. It’s an interesting look at market movement the Monday following Good Fridays, but meaningless for long-term investors. What the best approach to an expected 0.17% market drop? Easy—do nothing.  The transaction costs alone would far surpass such a small market move.
Sensible Stories
By , Los Angeles Times, 04/01/2010
MarketMinder's View: US and global stocks continued their upward trend in Q1 despite continued fears about PIIGS debt, elevated unemployment, a double-dip recession, and many, many other issues. As we’ve said many times, this is the “wall of worry” stocks love to climb.