Things to be Grateful For

I love this abbreviated collection from Doug Kass of things he is “grateful for:

• That ShopperTrak and the other retail associations are calling for strong holiday sales.

• That the National Association of Realtors is calling for a recovery in the housing market in 2010, one in which housing activity and home prices will be lifted.

• That U.S. corporations will soon be hiring and spending tons on capital expenditures because of a large earnings recovery next year.

• That the stimulus package turned the economy around and added permanent value to society without adding to our debt burden.

• That this downturn cleansed all the structural problems in the world and that there is a sustainable foundation from which to grow.

• That government economic statistics are precise and accurate.

Great belated Thanksgiving stuff, Doug (The full list is here).

>

Source:
Grateful Doug
Douglas A. Kass
The Street.com, 12/1/2009
http://www.thestreet.com/p/rmoney/marketcommentary/10635712.html

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