Can the stock market continue to rise this summer?

Posted By on June 4, 2013

There sure seems to be a disconnect between what my gut tells me about the economy and what the financial markets have been doing … and I know I’m not the only one growing concerned as evident by the growing number of articles.

Europe is clearly in recession, China is slowing, U.S. consumer spending and incomes are stalling and major commodity markets like copper, lumber and gold all point to a global slowdown. Volatility in Japanese financial markets has gone parabolic and regardless of *Federal Reserve* easy-money policy, markets cannot ignore economic fundamentals forever. As these disconnects grow, it becomes increasingly unlikely the United States equity market can continue marching higher on a solo path and totally out of synch with the rest of the world.
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Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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