The indexes are at their highest in a long time. Wish I had a crystal ball because there are forces propelling it up and plenty of reasons out there for it to tumble. The bottom line is still profit. Today's data on rising consumer spending and increasing savings added to decent fourth quarter numbers have investors still talking bull markets.
I still think the GOP wants to tank the economy this year. They have already demonstrated that they could care less about employment. We could very easily see another 1/2 to 1 million layoffs with State and Fed union employees sent packing. Also notice that the GOP is no longer complaining about jobs or job creation, not a peep.
Reuters: Nikkei rises helped by Japan's low inflation risk
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