It's interesting. I am not impressed. The ? recovery ? is still a little soft globally. Some of the markets only recovered in single digits or less while others had this enormous bounce. It tells me that prudent investing is still a good idea and a less volitile market would be better.
Realizing 'the bottom' is at 8500 on the DOW, the current level of 9065.12 should bring about confidence that investors know where they stand in regard to any 'faux' fall in the markets. This is far from over. As monetary stability becomes reliable, the markets will start to stabilize and then perhaps move forward.
We're getting there. It's been interesting.
NOTED: Bailout money is still in the global treasuries.
There can't be any 'definitive' confidence yet. We don't know where exactly the currencies of countries will stabilize and until that is known the level of debtedness compared to value and the country's ability to pay that debt is still very much in play.
Sorry to say the 'markets' have little to do with things right now.
The 'stability' of anything economic depends on governments doing nothing more to dump monies into the global coffers while blostering their infrastructure to enhance their ability to build their tax base and pay off their debts. So, while stockbrokers like to have control; at this point it isn't possible and their 'fate' is still within the calibrations of debt load and a country's ablility to pay it as their currencies return to an equilibrium.
