Friday, December 17, 2010

The Market On Friday

Good morning. Welcome to the weekend. This last week had to have been the fastest week ever on record. Call it Global Speeding.

At 8:29 a.m. futures are flat, the dollar is mixed, and oil is down.

Investors should be jumping for joy as the atrocious tax cut/SSI defunding bill was passed by the most obnoxious bunch of politicians ever collected in one space.

Actually investors should be salivating as the remaining SSI fund eventually finds its way into Wall Street's unbelievably greedy hands.

Am I pissed, yes I am pissed. I will not vote for any politician that signed onto this legislation. And I am going to do my best to make sure everybody I know does the same. I got a mission.

CNN: Stocks poised for flat open
Late Thursday, the House of Representatives gave final approval to the $858-billion tax deal hammered out between President Obama and Republicans.


Eurozone jitters persisted Friday.


Oil for January delivery slipped 58 cents to $87.12 a barrel.

2 comments:

Glynn Kalara said...

The Dems. are spineless frauds. The GOP are worse. Were in the hands of villains.

Jim Sande said...

We are. I have to check the role call and see who voted against it.