Stocks surging, what do you think? Is it another bubble?
I just finished reading an article on Bloomberg.com that left me scratching my head.
I guess I’m a little more bearish on the overall economy and I think stocks have risen way too fast.
Of course, for folks that have much of their retirement tied up in the stock market, this is wonderful news. If I were them, I would definitely be pulling some of my money out of the stock market and putting it into some hard assets. That’s just me though. Do I think gold is a good answer for these people? Well, this is another area that I think is “Bubble like”.
To be fair, I am not an economist by any stretch of the imagination. However, I was forced into taking several semesters of Economics, including a course on Money and Banking. WOW!!! Now that one will really hold your interest when you are a young 20 something!! Woo Hoo! 
Here is the article I was reading.
====> Bloomberg Article
I hope that we truly are going to just pick things back up. I know that the overall job scene could really use some good news. I will believe it when I see the orders coming in for heavy equipment.
I still have to wonder though, will the continuing foreclosure problems and commercial real estate troubles further slow down recovery later in the year?
What do you think?
