Phillip's Blog

Sorry so long to get this out. By now it’s probably old news to you, but at least I don’t varnish it like the media.

Some numbers are trending in the right direction, some numbers cooled a bit. Overall, the feeling in the market could best be described as cautious anticipation. I say the because while some of the numbers are down, they are only down slightly and it feels like the sun is just over the horizon. Maybe that’s wishful fantasy after this cold, dark night we have been in for 2 years, but still things do feel like the burden is lessening. And that’s a good thing.

Of course in every chart the purple line represents 2009.

Merry Christmas to you and yours!