Stocks (1/8/07)
Did the top of the stock market happen already for the year?
Do you have the fear of losing wealth accumulated from the long up trend?
All of these emotions drive the market.
People didn't want to sell last year but did after Jan 3 rd to book their profits this year for tax purposes.
Be prepared to buy after the market has corrected. Save your money and buy as it reverses.
Oil has peaked and copper also.
The Feds are in a position not to do anything. They will not raise rates or lower them.
Inflation will be working itself through the economy.
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