The markets enjoyed their seventh consecutive week of rising values. This hasn't happened in years. We're now back to the level of June, 2008, although that is still down about 18% from the peak in 2007.
Time to switch gears and take a break. My latest column for "Inside Business" predicts a 4-8% decline beginning sometime this quarter.
Relationships usually change when gears shift. For example, there has been a predictable relationship between the U.S. dollar and gold. As the dollar looses value, gold gains value. This week, both the dollar and gold went down.
So, get ready emotionally for a dip. While it may last a couple of quarters, the end of the year still looks great!
