{"id":4630,"date":"2011-08-09T14:24:39","date_gmt":"2011-08-09T20:24:39","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=4630"},"modified":"2018-09-21T02:04:46","modified_gmt":"2018-09-21T06:04:46","slug":"brief-update-about-mood-of-the-financial-markets","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/08\/09\/brief-update-about-mood-of-the-financial-markets\/","title":{"rendered":"Brief Update About Mood of the Financial Markets"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Today saw the Dow Jones Industrial Average close up 429.92 points, or up 3.98%.\u00a0 Meanwhile the broader stock index, the S&amp;P 500, closed up 53.07 points, or 4.74%.\u00a0 Given this surge, let me provide a brief update about the &#8220;mood of the market.&#8221;<\/span><\/p>\n<p><span style=\"font-size: 16px;\">While there was clearly a reversal of fortune today, it&#8217;s still my feeling that there are many investors that feel queasy; investors that are waiting for the next precipitous fall.\u00a0 That said, it feels like a large majority of folks who were queasy are either exhausted, or elated.\u00a0 Frankly, I prefer the exhausted variety of investor to the elated and potentially dopey investor.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Before I make some sort of call as to a market low being reached I want to feel a sense of confidence in buyers, as opposed to elation.\u00a0 I also want to feel that those who were queasy have taken their investment expectations and monies elsewhere.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Meanwhile, it was reported today that productivity in the U.S. dropped 0.3% in the second quarter &#8211; this is not a good sign.\u00a0 So there are structural economic issues to consider well beyond the fortunes of U.S. and European government debt.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Today saw the Dow Jones Industrial Average close up 429.92 points, or up 3.98%.\u00a0 Meanwhile the broader stock index, the S&amp;P 500, closed up 53.07 points, or 4.74%.\u00a0 Given this surge, let me provide a brief update about the &#8220;mood of the market.&#8221; While there was clearly a reversal of fortune today, it&#8217;s still [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-4630","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/4630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=4630"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/4630\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=4630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=4630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=4630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}