World Stock Markets were sharply higher after Ben Bernanke’s comments in early July highlighting that interest rates would not go up anytime soon.
Market gains have tapered off a little since with speculation that the Feds will start reducing Quantitative Easing. If Quantitative Easing is no longer needed, it means that the economy is on solid footing with strong enough fundamentals for the recovery to continue on its own. So even if this sounds like bad news it is actually good news in the normal course of an expanding economy.
Just remember that equity markets never go up or down in a straight line. Learn to ignore the day to day comments. Look at trends, adopt a long-term view, use common sense and stay rational. In the meantime, enjoy this type of wonderful market recovery we have been having for a year now. It was long due and it feels awesome!!