[jyl]

Bullish for: construction materials/equipment, construction labor, gasoline prices, energy companies.

Bearish for: Retailers, insurers and re-insurers, transportation.

Does it prompt the Fed to stop raising rates? My guess is not Greenspan who is focused on deflating the real estate bubble, but he's on his way out, maybe his replacement has different priorities. So potentially bullish for financials, homebuilders.