Exciting Time For Stock Market

As they say, the market is never dull. The past week has been very eventful stock-wise. Many companies reported earnings or made moves. Among the notable are:

• Caterpillar had its largest one-day drop in stock price in 19 years.
• GM almost broke even (That's a huge surprise for me). Ford and Chrysler are in crisis mode.
• Solid earnings from IBM and Yum Brands.
• Starbucks is buying out its partner (Mei Da) in Beijing.
• Walmat is buying a local competitor (Trust Mart).
• Warren Buffett's Berkshire Hathaway broke $100,000 a share for the first time.
• Amazon.com surprised the shorts.
• And of course, Google crushed all of the unbelievers!

It's really exciting time to be in the market now. There are a lot of skeptics and there will be bumps down the road, but I think we may be at a very special time in the history of the world - with a driving force even more powerful than the 1990 tech-driven upsurge: the full-fledged globalization and the abundance of labor and money supply.

I wish I were an economist!