Thanks S2--terrific insight, so you think Dems will dominate congress as well huh? Yeah the DOW seems to behave very strangely lately; keeps wanted to test/top 13K without a real reason and w/ lot's of reasons to tank.
Question--how do you see rising oil prices affecting markets? Seems like oil approaching a buck-fifty is a good reason for the markets to tube. On the other hand it spells higher profits for oil companies that make up a portion of the DOW.
Also, just for the sake of discussion, do you agree it's bullshit for the gov't to exclude food & energy when determining inflation & the CPI? Really screws folks on social security, military, union jobs whose pay increases are pinned to CPI.
Seems like several forces may be building that spell a severe trip south for the markets. Anyway. Thanks for posting your thoughts.
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