The market wobbled last week for the first time in many months and the question on a lot of people’s minds is whether or not this is a head fake, or a sign of a continued downtrend. On the bull side – we still have a lot of money that is going to be spent on infrastructure projects coming up; on the bear side – stocks aren’t cheap nor @ fair value and at the end of the month the fed is likely to begin raising rates, and as we all know from our investment books this isn’t always positive for equities (then again rates are so slow..what difference would it make?)