Cramer. 10 Things You Are Not Reading About.
But that's usually not the mission of those who talk about the markets.....Part and parcel with all of these stories is that the rise in the bond yields -- which is barely visible in a 10-year chart -- is going to choke off the recovery. Of course, the same people who say this don't even think there is a recovery, but what the heck, why not stir a little bond market controversy?
What else could be talked about? I have a couple. How about:
1. that California has had two straight months where home prices are increasing?
2. that demand for mortgages is still going higher and remains strong around the country even at these rates?
3. that shoppers aren't stopping shopping, they are just seeking better value?....
4. that there seems to be a limitless number of smartphones coming out and the demand for them remains incredibly strong?
5. that stocks embrace bad news, like Procter's (PG) terrible numbers, and go higher?
6. that oil could be just right -- if it doesn't go much higher -- to spur alternative energy demand without killing the consumer (again, we need to worry up here, but there's no diminution of demand from higher prices yet)?
7. that the stock market has absorbed $70 billion in new equity and hasn't even blinked?
8. that foreign markets seem unstoppable and can also be used to replenish credit coffers?
9. that the so-called next big bomb, commercial real estate, hasn't produced much stress despite the fact that we are coming out of, not going into, a depression? I look at the real estate investment trusts and with the exception of General Growth, they are holding up fine.
10. that we have had 10 straight weeks of inflows to mutual funds, as money is finally coming off the sidelines?
...I don't know -- if you asked me, the mantra of the media is, "There are always bear markets everywhere, and we will work tirelessly to find them for you." Some mantra.
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