Far as I’m concerned, traders are just whistling past the proverbial graveyard if they think this sovereign-debt thing has been solved just because S&P didn’t downgrade anybody for a day, but whatever. Let the kids have their fun.
Dow Jones Industrials, Earnings, Economy, europe, Markets, S&P 500 / Comments Off
Autos, Banks, Dow Jones Industrials, Earnings, Economic Indicators, Economy, Markets, Unemployment / Comments Off
Somebody must have, because the only major American auto maker not to declare bankruptcy just posted its first annual profit since 2005. There are some other good signs amid the earnings reports, and this morning’s durable goods report.
But remember, we’re coming up from a very long, deep dive.