We Planned for a Depression and Now it is Not Going To Happen

If it is true, as a commentator from Federated said on CNBC this morning, that businesses and consumers across the nation have planned for a depression, and now it is not going to happen, then what? Will there be a surge in consumer spending this fall? Temporary employment is going up and Tech is starting to rally. My clients are showing an increase in orders and the Boeing Dreamliner is back on schedule. New home sales are creeping up due to lower prices and government stimulus, and the government is continuing to stimulate the economy. Could this be the beginning of a new rally? Should we start to buy stocks? I would love to hear people's thoughts about this one?

 

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