Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Dig My Mood

Fans of Nick Lowe will be familiar with Dig My Mood.

Even more interesting than Nick Lowe's mood is the "General Mood of the Country". John Markman, now with www.minyanville.com, wrote a piece about a very interesting Gallup site that tracks the mood of the country (the USA in this example).

The people have spoken (to Gallup at least) and they are surly!

Of course in the "battle of wits" that we face in the markets this is equates to a buy signal.

John says:
"Now, the funny thing is that stocks typically do best when the mood of Americans is most sour, and worst when Americans are buoyant."