Bob Brinker is optimistic about the economy for the rest of 2008 and into 2009! Good news after a discouraging employment report this week.
Bob thinks we have turned the corner. It was great to hear him this weekend.
Meanwhile, our Speaker of the House is calling for another stimulus package for individuals. We have not yet received the current plan. What is she thinking?
Most comments I have heard regarding the $1,200 checks due to flow into the economy in early May claim that the effect will not be determined until July or August.
I wanted to share Bob Brinker's optimistic view this fine Monday in April.
Have you filed your taxes yet?
'til later
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From Moneytalk Discussions, Commentary andExcerpts, April 6, 2008
Bob Brinker discussed the stock market three times on Sunday's program.
Firstly, a caller asked Brinker if he should take money out of some of his stock funds. Brinker replied that he did not have a recommendation to sell stock market holdings at this time, and that he would not be taking money out of the stock market at this time.
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Brinker, in answer to his guest speaker’s direct question, “Are you still bullish," said that he thinks we are going to have “new record highs in the stock market by next year” but that a lot of people think he’s lost his mind. Brinker added: “We’ll see who wins out. I’m pretty confident of my forecast…..”
Read the rest of what Bob Brinker had to say HERE.
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