Friday, April 25, 2008

Market Musing and Weekend Reading

Road to recovery
The market continues to baffle. S&P 500 index is up 5% for the month and we are only 10% away from the high we set in October of 2007 (1564). If the worst financial crisis since WWII only impacts my portfolio by 10% and we are on our way to recovery - fantastic! But there is a nagging fear that all is not well. The sentiment is too negative and news too dismal to truly believe that the crisis is over. I guess time will tell but today the market does confound me.

Here are some interesting carnivals and posts that may shed some light on how the market is supposed to work. Enjoy!

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