This is my home on the web. I founded Gradspot.com, recently launched DermTV.com, advise start-ups, program websites, and love few things in life more than building stuff. You can follow everything I do here on stuartschultz.com, or certain things on twitter, and other things on facebook.
I just don’t get it. Sure. The market is climbing. Some economic data is positive. Moves are being taken to get capital flowing again. But are those reasons enough? I think unemployment overshadows all of this. February brought us 600k job losses. March: 700k. This isn’t just in the Finance sector. It’s all over. And with more and more people losing jobs, there are less and less people spending money. Those people who aren’t spending scare those people who are - and even less people spend. “Experts” are calling this a “dead cat bounce” and predicting another market dive. I don’t care what it is. I just don’t buy the four week run and “bull market.”
