Three things that could positively influence the markets over the coming months are:
- Lower retail gasoline prices, which are now down by more than $0.50 a gallon -- this factor alone could raise consumer spending by nearly 0.75% and real GDP by 0.5% in 2013 (this could be a huge development)
- Stabilization/rise in home prices -- as I mentioned earlier today the data looks promising AND this would definately raise consumer confidence/sentiment
- An increase in refinancing activity -- this raises consumer cash flows and gives people more money to spend and therefore spur the economy (which then of course leads to corporate profits which then leads to stock appreciation - most of the time)
These are a few more things I'll be looking for over the next several months
