Big Picture: Finding the Next Big Thing
There's no reason to repeat all of the bad economic news we're already inundated with. What's worth discussing, though, is what lurks beneath the surface of all that gloom and doom. What you find are hints of potential and optimism.
There have been several indicators that small rallies in the markets could emerge during the next few months. Before we start popping the corks, though, we have to keep in mind that a branch of market research called wave analytics indicates that rallies presage deeper drops. But that's only one theory of economics. Many other theories state that small rallies are signs of lasting strengths that can lead to eventual turnarounds.
With that said, some of the economic news in mid-March can provide hope to retailers. One sign of positive movement is Dow Chemical's acquisition of Rohm and Haas. Such movement between two significant manufacturers is a clear sign of confidence that the consumer sector will rebound sooner rather than later. Bear in mind that these two giants offer a broad range of products that are directly used in everything from compact discs to semiconductor components to automotive and aerospace products.