06 Jun 2003 Long Live the New Bull
Posted at 15:15h in The Friday BriefIn nine of the last ten trading days the S&P 500 index has increased. While two weeks is not a market trend, as the market is random in the short-term, it surely makes people feel better. On the anecdotal side, my conversations with clients, friends, and business associates have unanimously confirmed a growing optimism about the economy. Government statistics remain mixed, but are showing signs of improvement.