The above chart was taken from financialsense market wrap today by Michael Panzar, A Matter of Perspective.
As mentioned in the article, the pros believes that the recession is over but the Americans on the street thinks otherwise.
Well what do you believe in?
Look around us.
Is the local market contradicting us, the folks on the street too?
How?
By the way, Michael Panzar had included two other charts in his editorial.
By the way. Our market trading volume has been really poor, yes? Look at the shrinking market volume. Why the clear distinct lack of interest? Are the local punters scared to buy? What's spooking them up? Why are they lacking conviction to buy, despite all the wonderful news spread by media worldwide? Do the man and woman in the street knows better?
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