I started seriously looking to invest in a "short-term" portfolio around November of 2008 as I desired to increase the returns for liquid money that was not being utilized as my on-line savings account % returns evaporated from nearly 4% to around 1.5%. [more]
Our current Fed Chairman has officially declared that it's very likely that the recession is technically over. He also mentioned that it won't "feel" like the recession is over because unemployment will continue to rise to above the 10% level into next year. If I'm understanding this correctly, that means that there will continue to be even less people to spend money, correct? [more]
Bear markets are "opposite land".
In a bear market, stocks decline on good but not great news and they rise on bad but not terrible news. For the past few days, this is exactly how the market has been behaving, which points to a pretty significant "correction" of more than 20% (definition of a bear market).