Prosperity Posts

Tuesday, March 20, 2012

The Market Recovers!

I feel inclined to write about how the market has done so wonderfully in the last few months. Starting at the end of December we've really had nothing but up swing. Financials on the TSX are at 186.67 as of writing this, they started out at 153 in November of 2011. U.S Small Cap funds have had a 15% positive rate of return since April of 2011. So on the whole, I feel that we might, just might, be getting closer to the light at the end of the tunnel. There are still nay sayers out there who feel like another recession is just around the corner because of Europe, but really? Are these people looking for menace in their own shadows? Greece has been in trouble for 200 years, if it wasn't for globalization and technology no one would have been the wiser. But they were caught, and now they need to gear up and repair their infrastructure. It's a challenge, but Japan had their challenges as well and they have recovered faster then what was predicted in the media.
I feel that 2012 is going to be a fantastic year, and we might have another 5 years of this to come!