Top
Print This Post Print This Post

Bumper cars and Stimulus Package

Posted: February 7, 2008 at 2:47 pm by Chuck 

The action in the market today so far, makes me think of bears and bulls in bumper cars.  They keep smashing into each other yelling “down!”, “up!”  Strange.  The Wall Street Jounal reports that the NY Attorney General is critical of rating agency reform plans.  Hm..wonder WHICH plan he doesn’t like?  And, more Fed heads are out talking about the economy today.  Apparently, they are worried about inflation and think the credit crunch is manageable.  We’re hearing that the Senate may have reached a deal on the stimulus package.  Maybe they will agree on something before the economy tanks.

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!

Comments are disabled until November 23, 2008

Bottom