Welcome to 2006

January 31st, 2006|by Michael Ashley Schulman, Greg Pellizzon, Perspectives, The Big Picture, Writers|

Welcome to 2006! January was a good month for most markets.

Several waves are propping a general tide of positive sentiment:

  • Market Optimism over the swearing in of Bernanke as the new Fed chief on February 1
  • Positive corporate earnings reports

Simultaneously, however, investor optimism is being tempered by:

  • Weak fourth-quarter GDP growth of 1.1%
  • Thought that the cumulative impact […]