18-Month High, Unemployment Rate Low… What does that Mean?

16 04 2010

After having been through the last two years, starting to hearing a bit of good news can feel like it might be too good to be true. The moment that stocks start to go up just a little bit, everyone wants to let out a big sigh and say, “Things are looking better… We are in the clear…”

I must admit, in the last year and a half, I have felt that although the markets rising was a good sign that the economic situation was heading in a better direction, I continued to hold my breath, until now.

All three major stock thermostats (Dow, NASDAQ, and S&P 500) accomplished a new 18-month high. Why? Because people are starting to get jobs again, and consumer confidence is steadily increasing. I get this mental picture of children slowly crawling out of their hiding spots after a game of Hide-N-Seek. Things may actually start looking up.

I personally think that this season is a great time to invest, especially if you are investing for the long-term. With the markets starting to rise, I suggest you pay attention, do some research and really consider putting your money in an investment that you are comfortable with. Even ultra conservative investments will benefit in the coming years.

Are we in the clear? Not just yet, but we are certainly thriving. Cheers!

(Source:www.cnn.money.com)

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