What a difference a day makes. Today we are back to worries about the strength of the economic recovery, whatever that means. Allegedly it was a report on consumer confidence that shook up the investment class yesterday replete with a selling spree, although cooler heads seem to have prevailed.
Second quarter corporate results continue to excel. Coca-Cola reports today and I am going to guess that will look just fine and dandy. I can't believe I used to drink that stuff.
We've hit some turbulence.
CNN: Stocks set for shaky start
The Federal Reserve's "beige book," a reading on the nation's 12 economic district, is due at 2 p.m.
U.S. light crude oil for September delivery edged down 25 cents to $77.25 a barrel.
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