Enterprising Investor Forum

Fuzzy Logic? Monday, June 29, 2009

Markets continue to hold as Washington is propping up the economy and trying to feed us all this green shoot propaganda but how are we going to deal with the recovery?

The past two months have see the price of oil rise by almost 50% whilst most other commodities are also rising fast (i.e. copper +30%) but with unemployment claims well over 600K, continuing claims continuing to rise… well on our way to a double digit unemployment figure? Are we missing something here?

We still have to see how Madoff and Stanford play out and all of this, as we start entering earnings season… we may be pessimistic but we would suggest investors brace themselves for a bumpy ride!