Finally! Economic Recovery Is Starting to Pick Up Steam

Global investors also will be watching Japan where the Bank of Japan's two-day meeting finishes up. Although no move is expected, political pressure for the central bank to reflate the stagnant Japanese economy is building. Incoming Bank of Japan Governor Haruhiko Kuroda is expected to make a big move at the BoJ's April 3-4 meeting.

With central banks all over the world printing money, stocks can continue to rise, but it may end badly unless fundamentals pick up meaningfully.

"I think stocks could very well rally through the rest of this year, even into 2014 based on this wave of money, but at some point it will pop and collapse, and that's what investors need to bear in mind," Jim Rickards of Tangent Capital, warned on CNBC Asia.