Wall Street and Main Street card

4/22/2009

Investors on Wall Street have observed a strong rebound starting in early March after the year-long bear market. The stock market has dismissed dismal economic data and ignored the fact that most Americans are still losing their jobs and struggling to make ends meet. Granted, the market has its own right to do so in anticipating an improved U.S. economy in the second half of the year. Although left out of the Wall Street party this time, we from the remote Main Street pray that the market is right .