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Sunday, April 18, 2010

The Week Ahead

It boils down to two things at the moment. First is the SEC action against Goldman. Second are a slew of first quarter reports. From the investor point of view the former is confusing and the latter is positive.

I still maintain nothing will happen other than a public slap on the wrist for Goldman. Most people won't even be paying attention...

CNN: Big week on Wall Street
...investors will also be sorting through quarterly results from around one-fourth of the S&P 500.


"So there isn't anything fundamental we can point to as a problem. But Goldman Sachs represents some risk, just because we don't know exactly what's going on."

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