In The Lonely Bull

All the furies released from Pandora’s Box have hardly been contained, but many were not so bad and we are learning to live with the rest. It is a fact that bad things will occur from time to time, but most will have little lasting economic impact.  It is important to remember that investing is an economic exercise and it is economic fundamentals that have the most impact.

Now that more third quarter earnings are being released, we see that the U.S. economy is doing quite well. Growth does appear to be accelerating and future earnings prospects continue to be bright.  So with these fundamentals becoming obvious, stocks ought to continue to do well.  We hope through the most recent volatility you stood steady.  Be well and prosper.

the Lonely Bull

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