The market has been so volatile that this scenario is no longer a guarantee.
It appears that the new assault on the Gaza now in its third day - Israel mounts third day of Gaza raids - is adding to a lift in oil prices. There's something rather disturbing that this particular misery will add to investors of energy stocks worldwide. Such is our world economy.
Generally the sentiment is simply to get this year behind us, finally and mercifully get rid of Bush, and move forward with our new president as he attempts to bolster the economy and create jobs. America is still the world's largest economy and the world will be looking to the US for indications when the recession eases, some say in six months, others say much longer.
Reuters: Stock index futures point to gains; focus on oil
U.S. stock index futures pointed to a higher open on Wall Street on Monday, as a jump in oil prices could buoy energy shares, but volumes were expected to remain thin with few investors at work between the Christmas and New Year breaks.
4 comments:
What's needed is Obama's admin. and the States to do all that they can to bolster small business ( not Fortune Mags ver. of small business) I mean really small Mom & Pop businesses. It's this sector that creates a lot of the work and I can tell u from experience as once one of those types, America's business playing field is so tipped against these people that nobody wants to open one anymore. The only people that do are, either retired and need extra income , people with real jobs that need extra income , stupid people with no income and no opps. in the Corp. sector or friends in the Public sector( people like me) and a few people with skills like plumbers and electricians etc. I don't consider Drs. and Lawyers small business people especially Drs. Lawyers are mostly parasites , they add little to the economy.
Ironically its paying that extra 15% for SSI that is the stinker at tax time.
Self employment is very difficult, I've been at it for 18 years no benefits to speak of except how one uses their time.
How about no fed taxes and keep SSI at 15% and leave it at that. I could go for that.
I agree. The GOP tipped the playing field against us in so many ways. The tax system is extremely regressive and the regulatory system also only regulates the little guy. the big Corp. players are flush with fancy politically connected law firms and lobbyists so they get around any or most regs. That's why were in the mess were in today. Put the two together and u end up with a weakened small biz sector and a Corrupt Corp. plutocracy. The worst of both worlds.
I am so sick of Republicans right about now.
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