The Two Faces of Fear
Central banks and governments around the world just will not give up on monetary
policies in an attempt to stimulate economic growth. Some countries are still using quantitative
easing and low interest rates which have not really shown much success even here in the U.S.
Our economy is growing faster than most of the rest of the world, averaging about 2% since the
recession ended in June 2009. That s not rapid growth compared to previous recoveries since
World War II.
What, Me Worry?
Remember Mad Magazine and Alfred E. Neuman? He looked like a guy who didn’t worry about
anything – clearly not someone invested in today’s volatile stock market. The ups and downs of equity markets and oil do have investors confused. And some of the underlying data is confusing. The January jobs report was released February 5th, and it was contradictory to say the least.