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The three top headlines on yahoo finance this morning were:
1. Worst addition of jobs since October
2. US consumer confidence hits a new low
3. Crude is over $72 a barrell
I am honestly just wondering why people love the market so much right now. To me it feels like the bull has been running and running and running, his legs are getting tired. The American consumer has consumed their way out of a reccession so far, but the sources for cheap easy money are getting leaner. BTW the market is up on bad news today because traders think that the fed is going to stop raisning rates. There are so many reasons to be nervous about the market right now, and the only good thing about the market is that corporate earnings are improving.
Oh incase you wanted my two cents, politicians should not get blamed for good or bad markets, it is giving them way too much credit for all the nothingness that they accomplish.
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"The reason most people give up is because they look at how far they have to go, not how far they have come." -Bruce Anderson via FB
-Marine Blue '87 930
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