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Stock Aug 2011 - "Stock Market: Stellar Earnings Cheer Investors Despite Mixed Signals"

Stock Aug 2011 - "Stock Market: Stellar Earnings Cheer Investors Despite Mixed Signals"

Stock Aug 2011 - "Stock Market: Stellar Earnings Cheer Investors Despite Mixed Signals"

Excerpt


Stock Market: Stellar Earnings Cheer Investors Despite Mixed Signals


Stock market gyrations in July reflected investor sentiment as experts and individual investors alike followed the ups and downs of the U.S. debt-ceiling debate and financial woes afflicting European nations. Mixed signals abounded, including positive news on second quarter earnings from major U.S. companies and the comeback of the IPO market, set against lackluster economic recovery in the U.S. and an unemployment rate of 9 percent plus. If trying to make sense of positive earnings and corporate news among so much financial uncertainty confounded the experts, it’s not surprising that individual investors feel confused. Perhaps the only safe assumption is that the three-year bull market seems to be halted temporarily with no strong indication yet whether it is headed up or down. Is the glass half full or half empty? Despite the ups and downs, it appears that many pundits are generally optimistic.



 


 


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