Is everybody getting tired ?

I'm getting a bit tired posting around the same subject. I believe we are going through a transition period with a lot of mixed signals before we all can see green lights. Flipping with good news and bad news for a sustained period will cause fatigue or indifference. I have a similar feeling when I read on regular posts by other bloggers --- everyone seems to run out of subject to blog. However, as any experienced marathon runner will know that you got to keep going to breakthrough through the wall. You might want to take notice of this sentence:

(Bloomberg) Fed funds futures contracts show a 58 percent probability of a rate increase by November on signs that the economy is bottoming.

http://www.bloomberg.com/apps/news?pid=20601109&sid=atcGwpCBRaSU

Financial panic is easing.

June 9 (Bloomberg) -- The U.S. Treasury approved 10 banks to buy back $68 billion of government shares, reducing officials’ authority to intervene in everything from lending and hiring strategies to compensation policies.

“These repayments are an encouraging sign of financial repair, but we still have work to do,” Treasury Secretary Timothy Geithner said in a statement released in Washington today.

Today’s decision reflects rising pressure from banks to free themselves of government stakes that left them vulnerable to political interference, following a popular outcry against Wall Street bailouts.

The Treasury didn’t name the banks. JPMorgan Chase & Co. is among those allowed to repay Troubled Asset Relief Program money, a person familiar with the situation said yesterday. Morgan Stanley said it is among the group, in a release within minutes of the Treasury’s announcement.

Goldman Sachs Group Inc., American Express Co. and State Street Corp. are among those that have sold shares and debt unguaranteed by the government, steps officials have sought to demonstrate lenders can go without federal stakes.

Let me open my card. I don't believe we will have 3 - 5 multi-year bull run but 1-2 year is entirely possible.