Investing in Uncertain times.

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It’s spring and optimism is in the air. The Fed is beginning to show proactive policy tendencies.  Bear Stearn’s shareholders are expected to get $10 a share instead of $2, and commodities are declining in price.  Soon first quarter earnings results will be out and results are, in our view, should not be expected to be terrible–

What should investors do now?

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Yesterday Fed Chairman Bernanke told Congress the risk to growth in the economy was greater than the risk of inflation to the economy and so the Fed was prepared to continue lowering rates. Bernanke also acknowledged the likelihood of some smaller banks failing.  Enough said,

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