Scarcity Value

Railroads, trucks, and barges are all reporting strong earnings and guidance. These are most sensitive to the economy. Agriculture pricing is on fire...global production is not keeping up with demand for various reasons....largely related to drought. Oil has finally put in a bottom...as has gold.

Chinese stocks look ready to break out (we will visit Asia next week) Europe is firing on all cylinders....hotels full, restaurants full, airports and planes full, employment full, construction on going for new capacity...prices going higher!

Everyone is focused on the Fed, Politics and Iraq.......USA super blue stocks remain the asset of choice right now.

Barkly seen here wonders why everyone is so narrowly focused and not looking long term...