Today is the last trading day of Q1. It has been a very good quarter for out stock picks. U.S. markets are up 8% in the quarter. The Toronto market is up 3.6% but has been volatile.
With our stocks performing sell there is perhaps a danger of feeling complacent and a bit smug. Yesterday almost of all of our stocks were down and that was a reminder that stocks ALWAYS give us bad days as well as good days. And a reminder not to get too complacent, which I will try to heed.
While there are always dangers, it does seem that the U.S. economy continues to improve. Overall, I see some reason for optimism for the outlook for stocks.