Optimism Back To Crumbling Mode

It is being reported that the "optimism" cycle with investors has for the time being, run its course. Recall that just last week, we heard the opposite.

Be warned, financial articles seem to push this either or notion, clarity is important at the expense of exceptional detail.

The green shoots theory is being put to the test. Some investors are saying that the market levels are about right, and that now markets will react more in keeping with how the economy does or does not revive.

Right now nobody is saying there is anything remarkably good happening. Unemployment is increasing, everbody points this out, yet it is still not a leading indicator.

Reuters: Optimism stalls amid second thoughts on recovery

...investors are nervous again about financial markets...

"Markets have woken up to a world where a lot of the 'green shoots' arguments are starting to look very questionable..."

"I'd expect a 5 to 15 percent correction in stock prices and, candidly, I think 15 percent looks closer to the mark."