A lot of information to go over and I am writing up a commentary on the current state of our economy and the markets. Check in tomorrow for a detailed analysis of our view of where the markets, and the economy may be headed…
The amount of economic data and events unfolding in the markets can be confusing and overwhelming… we will help you through all of the turmoil. Our long time readers have come to expect us to say it like it is… and that is what we will always do.
2 Comments
February 16th, 2008 at 8:26 pm
I thought you might be interested in the following summary of Bernanke’s remarks to Congress on Thursday. He doesn’t sound too optimistic.
“At present, my baseline outlook involves a period of sluggish growth, followed by a somewhat stronger pace of growth starting later this year as the effects of monetary and fiscal stimulus begin to be felt….It is important to recognize that downside risks to growth remain, including the possibilities that the housing market or the labor market may deteriorate to an extent beyond that currently anticipated, or that credit conditions may tighten substantially further.”
February 16th, 2008 at 8:51 pm
Thanks for your thoughts, Diana. it’s nice to see and more
RT members getting involved and giving their opinions & thoughts. So many of the TV talkin heads are all , and I mean
95%, are talking about a stronger second half to the year.
When so many of the il-advised are leaning in the same
direction; I take pause. They have no idea what’s going to happen 3-6 months from today. Zero, nadda and zilch. They are paid to keep money coming into the Market. That’s how they make their six & seven figure salaries. I rely on the charts and Chuck and Lisa’s adherence to preserving capital. I followed Chuck’s DXD trade this week and made some very nice coin.
Stay with the Charts.
&
Stay with Chuck and Lisa
The Beacons in the Dark Stormy seas.
Glad your part of the RT Family, Diana!!!
My Best Always,
Noel Thomas (Chicago Rebel Traders Bureau)