Investors Buying Stocks Hand Over Fist

We're off to the races again. Yes, there are still risks on the horizon. The upcoming second quarter earnings seasons could be a dud. Egypt could blow up. The Federal Reserve could keep talking up the dreaded "taper" of rolling back its cheap money stimulus. Meanwhile, the economic data remain relatively weak, with manufacturing activity slowing and job gains concentrated on low-wage, no-benefit part-time positions.