Boy the banks are reeking downward moves on the market. But at least we are off the election and wallstreet still favors Bush but banks (chase & jp morgan) are the reason for the downward focus.
Still got the inflation numbers coming today and tomorrow and thus banks should willing to support an interest decease after 6 rate hikes in the last 18 months and the results are steadily coming into play.
Should be interesting ...
But at least we are focused back on the market and off the election.
I got a call this morning saying, "The market is crashing because we got a drunk in the White House." Had not read anything on what had happening today for futures to be down 109 points.
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