The Bank Stress Test …Do you Believe It?
Posted on Friday, May 8th, 2009 | In Financial, VideosThe bank stress test, do you believe it?
Since my return from holiday, I have been scratching my head wondering why the market (in this case the S&P) has moved so high for little or no reason. The economy still appears to be very much on the defensive with unemployment rising and the business environment still on a slippery slope.
I made this video before the stress test was announced and I suspect that all of the stress test leaks have already being discounted by the market.
My new video is a follow-up from my April 14th video that I made before I left for New Zealand. If you have a few minutes, please take the time to view it. I think you will find it interesting that my observations may conflict with current market trend.
With the Obama honeymoon coming to an end, we are going to see how the markets move without government influence. There has never been a government that was able to dodge a major business cycle… and this one sure is a doozy.
As always, the videos are available with our compliments. There is not registration required.
Please let us know your thoughts on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Last 5 posts by Jim Musselwhite
- More than 130 banks will have failed by the end of 2009. Is Your Bank Safe? - November 18th, 2009
- If Stocks Tank, Shouldn't Gold Soar? - November 13th, 2009
- 10 Complimentary Lessons to Separate Yourself from the Investment Herd - November 11th, 2009
- Get a FreeWeek of Robert Prechter's Forecasts (7 Days, 4+ Letters, 100+ pages) - November 4th, 2009
- Complimentary eBook: How to Survive Deflation - October 23rd, 2009
Jim Musselwhite is the Publisher and Editor-in-Chief of StraightStocks.com
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Educated at the University of Virginia (BA) and the University of Tennessee (MBA), Jim and his family now reside in Atlanta, Georgia.
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