yeah, i know the market's down so far today, but here are some reasons to be optimistic moving forward:
banks are making money
the yield curve is positive
money velocity is trending up
the m2m changes, while not huge, (not that we wanted them to be), provide forbearance
airline traffic is better "than expected"
retail sales are recovering - see bby, etc.
copper prices are up - see fcx
used car prices are firming, paving way for new car sales to rise eventually
obama is no longer talking down the economy - figured that one out fairly soon, didn't he? also figured out the stock market matters to us "little folks"
fed finally got it; it will provoke inflation in the long run, but at least there'll BE a long run
some moderate democrats actually have awakened to the excesses in obama's budget
the massive stealth tax on energy known as "cap and trade" is not likely to pass this year
the horrific "card check" will most likely not pass this year either
in spite of sub-freezing "global warming" temps here in ks today, spring is here
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