The market is moving upward and there have been positive signs. Retails sales, minus cars were up in September. JP Morgan reported high profits as did Intel. The question remains, with so many negative indicators is another bubble building?
Investors seem ready to jump back in the market, which is certainly a positive, but any prudent investor must ask one simple question; Are these real improvements in the market or just the expected caffeine rush from the government influx of cash? The game of investing grows cloudier with each passing day. Whistle blowers in the accounting world have been decrying the tactics used by publicly traded companies. Showing profits and a solid company on the surface, ignoring the cracks in the foundation. Now with the government and politicians firmly tied to the success of a financial institutions, pressure for profits has never been greater.
I am no expert, but I would caution all investors to stay safe at this point and watch the market carefully. Learn from the recent financial debacle and take a moment to at listen to this sounding the warning sirens.
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