Tuesday, February 24, 2009

The Market On Tuesday

The patient has severe chicken pox and the little boils are beginning to erupt.

We are part way through this miserable economic fragmentation, I think we are right in the middle of it, right in the middle of the severe storm.

Obama will try to calm the country's frayed nerves tonight in a 9 p.m. speech. People will be listening intently.

But Bernacke will be talking about remedies at 10 a.m. and investors will be listening for details.

Its a tough time and I wish everyone calm, patience, and a larger sense of contentment. I've spoken with people who are severely depressed about this economy so don't forget to value your families, friends, own lives, all of the most important things.

Reuters: Stock futures point to mixed Wall Street open
President Barack Obama will deliver his first address to Congress at 9 p.m. EST, when he will try to reassure Americans about what he's doing, and what else he plans to do to rescue the financial system and pull the country out of recession.

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