This morning in the research we receive from Ed Yardeni, he listed a number of “headlines” from various financial publications. His accompanying comment was: ” Not only are bearish scenarios becoming less credible, but bullish ones are looking more plausible.”
A sampling of these headlines reads as follows:
1) “Companies plan to increase spending as confidence in the recovery remains” The Financial Times on 8/2
2) “Manufacturing powers German revival” The New York Times 7/30
3) “China Iron Ore Demand Flies Under the Radar” The Wall Street Journal 8/1
There were eight in total. Each one had some kind of positive sentiment about the economy here and abroad. Whether the beginning of a bull market, or a rally headed into the fall, investors should begin to take note.
