Why We're Right To Worry About The Facebook IPO

Many of you will be familiar with the fact that past returns from notable stock indices, such as those in the US, are a biased indicator of the likely future returns to investing in equities. The problem is that due to war, government interference, and financial collapse, some stock markets disappeared altogether, wiping out investors. In some countries this has even happened multiple times.

The US dollar rose against all the major currencies in the past week.  It seems clear that the greenback's gains were not a reflection of domestic developments, though it is true that US data stands in stark contrast with nearly ever other major country.  

Chris Damas submits: The US stock market rally turnaround after a nine day sell-off is impressive and has “legs” in my opinion. As soon as I see the “Most Wanted” PermaBears in the media (David Rosenberg in the Globe and Mail a day ago, Nouriel Roubini cancelled his morning interview on CNBC) trotting out their overly-used arguments that the market bull rally is speculative and therefore “false” (because they missed the call), I get more bullish and want to buy my favorite businesses.

Steve Reitmeister submits:September's Employment Situation was worse than expected Friday morning. Yet bad news is good news these days for those who think a second round of Fed quantitative easing (QE2) will bolster the markets. So stocks bolted into positive territory on the day, pushing up to Dow 11,000.It’s an odd dichotomy. We have a somewhat improving economy. Yet the average person does not feel better about the situation. That’s because either they or someone close to them is out of work.

GREECE faced massive strikes turned riots yesterday as its government passed a new round of fiscal consolidation, designed to shrink the budget €18.5 billion by 2016. The contents of the austerity plan hardly seems like the stuff to drive Greeks to firebomb riot police; among the measures under debate were a two-year rise in the retirement age and measures to make it easier to fire public employees.

This report was sent to subscribers on March 30, 2011.  Join our free mailing list to receive actionable SIR information 48 hours before it is posted for the public… EXECUTIVE SUMMARY: