March 20, 2015

Slow Progress

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By Peter Bower

In spite of all the choppy action, this market is making progress.  It’s not across the board, but quite specific at times.  As one category advances another may correct, but in general there is forward progress. It is the same for our domestic economy.  Certain sectors are cooling off while others pick up the pace.

It may seem frustrating when watching markets on a day to day basis.  However, just take note of the levels of the major stock indices and remember where they came from not so long ago.  We’ll take slow progress over a fast wallop any day.  Patience is the key just now. 

Stay steady and prosper my friends.

the Lonely Bull