Stocks ended up OK yesterday and today the futures traders says it's either OK or bad --this is the same daja-vu we had yesterday. Wait, oh yeah it's
GROUNDHOG DAY!!!!!!!
At least this time the only reports we get hit w/ are Auto & Truck Sales later this aft.
Silver's flat but gold's inching up; and in case of boredom:
I Love Wall Street: An Engine of Prosperity - Ben Stein, American Spectator
Laurence Fink Takes Investors to Task - A. Ross Sorkin, New York Times
Why Peak Profits are a Big Problem for Wall Street - Shawn Tully, Fortune
If It's a Recession, Stocks Have Much Further to Fall - George Perry, RCM
How to Escape Market Meltdown Mentality - David Kaufman, National Post
Ignore the Pundits, Oil's Fall IS the Boom - John Tamny, RealClearMarkets
Japan's Experiment w/Rates of Less Than Zero - Noah Smith, Bloomberg
Market seems to be following oil. Never has. Or is it commodities in general?
Used to be when oil went down other things went up. Oh wait, that was when we used to make things.