A Little Optimism for ’08

It never hurts to express a little optimism for what could be in 2008.  And the Wall Street Journal did just that this morning with a list of why investors should feel pretty darn good about the year ahead.
 
Drum roll, please.
 

1. Stocks rally — Assuming we’ve seen the worst in the fourth quarter.
2. The housing market stabilizes — Really, how low can it go?
3. Consumer spending remains solid — A healthy job market is keeping those cash registers ringing.
4. Corporate profits accelerate — The jury is still out on this one.
5. Economic growth accelerates — The Fed’s gonna have to provide some assistance here.

 — Evan Pondel, Senior Associate, epondel@pondel.com