[quote=weberlin]Why is the market so hot right now? I just shifted most of my assets into US Treasury Bond funds a month ago, as I expected the September rally to fizzle.
October has been another blistering month, but I can’t figure out why. The housing market hasn’t improved, nor has the employment situation. I haven’t heard of any high expectations for housing or employment, and there’s a potential mortgage fiasco on the horizon. What gives?[/quote]
Stocks are pieces of ownership in a company. Many of these companies are making money, despite a troubled housing market and unemployment.
