The news from Microsoft is a significant negative, but clearly the market isn't buckling with that announcement.
The Fed is simply stopping at neutral; it's not shutting down a growth cycle. That's great for the market in 2006.
Oil below $60 a barrel grabbed folks' attention. When the market decides to pay attention to things is a bit of Rubik's cube, but this is a big deal.
Oil below $ 60 a barrel grabbed folks' attention. When the market decides to pay attention to things is a bit of Rubik's Cube, but this is a big deal.
Oil below $60 a barrel grabbed folks' attention.
I'm quite pleased the markets have hung in as well as they have.
The stock market is poised to take off when the Fed gives a hint of concluding its rate hikes. That's premised on the notion that they haven't gone too far. If they go too high, the damage is done and all bets are off.
