The economy looked better in December but not better enough to make a strong argument for a continued improvement in 2012

The economy looked better in December but not better enough to make a strong argument for a continued improvement in 2012

It’s hard to find a really strong trend in today’s data on housing, durables, and jobs and I think that’s what worries the Federal Reserve. If the trend were stronger, economists could feel that 2012 was more likely to follow the lead of 2011. With these numbers, though, while the picture is positive, no one can be sure it won’t turn darker overnight.

And Apple is still a cheap stock

And Apple is still a cheap stock

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