Investors spooked by bleak forecasts

Gloom and doom was still pervasive Monday. The linked article includes some good numbers. For example, the public sank 29 Billion Dollars into global funds so far this year and only 8 Billion in US mutual funds. Last year by this date the public had put $75 Billion in US funds.

Mutual fund flows are a contrary indicator. Conclusion, focus on US stocks.

At the same time that the public is afraid to buy, corporations are buying like mad men. Companies are buying back their own stock and merging with others. The US is on track to do a Trillion Dollars of mergers this year!

BUY THE BIG BULL BEFORE THE CORPORATIONS BEAT YOU TO IT!