Bullish?

OK I admit I'm an optimist - typical entrepreneur - for me the glass tends to be 3/4 full. And I want to believe - I really want to believe! - that we've turned the corner on the economy. Lord knows most folks have been dramatically affected...

With oil prices doubling since February, equities up around 35% from the trough, and the general "sheep" all saying we're turning the corner...

And yet I see a propensity for risk that seems disproportionate for me and doesn't calibrate with the slaughter we've just been part of. Many many examples - but today in the Wall Street Journal was a discussion on the outlandish returns posted in "frontier" markets (cutting edge emerging markets).

Holding my breath...