[quote=poorgradstudent]
Also, consumer sentiment is improving partially because of real improvement in the economy. Things are still pretty crummy, but by all indicators it looks like we bottomed out around January ’10. At this point there really is no where to go but up.[/quote]
We still have high unemployment and a looming debt crisis at all levels of government that is being virtually ignored.
Any call of a bottom is extremely premature and certainly qualifies as ‘irrational exuberance’.
