A couple of good reports today spurred the stock market early today, but treasury bond sales in the UK and US caused a big dip in the afternoon. Looks like the dollar is going to have to lose some value if we want to keep selling our debt. Inflation anyone?
Well it ended up nearly $100 on the day and we are crawling back to 8k where Bush was during the transition to Obama. Looks like Obama not only is going to catch Bush within 100 days but that we might be climbing again soon if the positive reports keep coming in, especially if we can get some good employment reports.
Cheers and happy humpday!
Subscribe to:
Post Comments (Atom)
1 comment:
We have sent your blogspot to interested party at work.
Post a Comment