Sunday, April 01, 2007

Weekly Look Ahead

This week is the same scenario as last week.

Earnings aren't here yet but are generally expected to be rough when they start later this month.

Next week will have an array of economic announcements, some of which will probably be good and some bad.

Markets may go up and down a bit but I believe the next 12 months will see the market doing worse than a good cash account. Analysis here.

If the market reacts like last week there will be some relief that inflation is not here but trading would be dominated by considerations of a softening economy. Last week the same scenario led to a down week.

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