No. of Recommendations: 1
I keep hearing that CapEx spending will pick up the slack but never
see any proof in what the Fed releases about our economy that CapEx
spending has been going up in '05.  It's actually been going DOWN.

My favorite chart right now is the S&P 500 from January to December
of 2000.

The inversion had occurred and people "in the know" (like you & I guess
you could say) knew better.  But I imagine the vast majority of folks
saw the S&P climb that wall of worry and figure the bears were just
full of themselves.

I look at the chart for Gold and I've never seen it this over bought.
Given it's volatility I'm sure a coorection in Gold will push equities 
up even higher.$GOLD&period=DAILY&start=2004-11-01&id=p26630735682

I keep hearing Larry Kudlow talk about the "Google, Yahoo Economy"
and how this has changed everything.

Maybe search engines, free e-mail and fictitious Capex spending is
all we need to create a perpetual upward movement in the indexes?

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.