whether it's time to re-buy some stocks with the cash Krypto raised on her TIPs sales.
A few portents of better times have occurred lately. Credit card losses have fallen. Mortgage 90 day delinquency rates have dropped, too. And yesterday home prices nationally showed a year over year increase.
Part of the nation seems to be solidly in recovery: New England, parts of the Midwest, the Plains. Part seems still in the swamp: FL, AZ, NV, CA - primarily the places where the housing bubble was worst. But some of those areas such as San Diego shows home price increases now.
China's manufacturing numbers were OK overnight.
The Euro panic seems over.
I was waiting for the low 1000's, but maybe yesterday's 1040 area was the intermediate term bottom.
I may buy some stocks today, likely just index funds as I have no particularly good ideas on specific stocks.
PS: I did buy some US stocks today, from the cash raised in recent TIPs sales. I've raised my US allocation to 27.5% and will take it to 30% on a dip this fall.
Word of the Day
"Invidious" - adjective [$10]
Invidious means (of an action, conduct, attitude) likely to excite resentment or indignation against a person responsible, esp. by real or seeming injustice.
Sentence: Invidious corporate pay practices for the executive suite, soon to be brightly exposed by mandated comparisons to pay levels for the common worker, are likely to create a new potent issue for the coming election cycle.