Navigating in a Fog

As you know, a great deal of my time is spent reading about economic events, like Greece and China, as well as news and analysis about specific companies.  Another important focus is reading to ascertain the general "sentiment" of corporate insiders regarding their perceptions of the future.

I find that the most accurate indication of this sentiment comes from the CFO's of companies.

I came upon this article that tends to confirm my message of prudent caution being the order of the day: (Click on link below)

Corporate Chief Financial Officers Not Optimistic

In the survey quoted: "More than 70 percent of U.S. CFOs said the equity markets are overpriced—only 3 percent said they were undervalued.."

This may not be a "sell" signal, but it certainly makes one pause when thinking about being a buyer!