A Sucker’s Rally

The recent rally is not for real.  Sure it's making some people feel somewhat better, but I just can't believe this can last much longer.  While I don't think the economy is as terrible as the Fox Business Channel would have us believe, things are not really that good either. Yes, there are some encouraging signs, but too few to get me excited.  I think the key to a sustained recovery and for a real stock market rally will be whether or not the Spring housing market picks up.  Housing is the key and this sector must get a jump start before we can sing happy days are here again. 

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