Is It Morning Again In America? Dow, Buffett Say So

One of the greatest political ads of all time may be ready to repeat itself, Obama-style.

Yes, the DOW is outperforming what almost anyone would have expected months ago when it was toiling near 6500. Warren Buffett is telling everyone "I told you so" about the stock market recovering up nearly 44% from its lows. And it looks like Obama won't get all his wishes, as health care reform seems to be on hold but the country is seeing improvement in overall GDP. Only about 10-15% of the stimulus money has been used so far, which means the economy may get a HUGE bump up/upside surprise in January of 2010.

I am politically neutral and prefer to stick with the facts...and while unemployment is soaring, the reality is that unemployment lags. Housing is likely to hit a bottom this fall. And the 2 year recession may end in December 2009. Not saying a double dip recession can't happen..in fact, it is likely to happen. But you should invest according to the facts, not according to your political beliefs or desire for any President to be proven wrong.