First,
Let me say that despite my bearish disposition I am excited that the U.S. employment is looking good and that stocks are on the rise.
However, I still have some concerns. First, how many of those jobs were just salaried employees going to hourly due to new regulations? Second, is that the reason the work week hours have risen? Third, does this mean interest rates increases are coming faster than expected? Fourth, we are still in an overheated market it just doesn't look so bad now.
And fifth, have you heard Bill Gross... Jebuss
Im still investing in my 401k but would not lumpsum invest in this climate.
Your thoughts?