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Monday, December 31, 2012

The Market On Monday

  Good morning. It is 23 degrees and cloudy here in Upstate NY. It's the last day of 2012, and we are happy to see this year go and bring on the promise of a better year to come. Hey, it could happen. Let's do at least one major thing, let's celebrate our lives along with the fact that we are here, alive, and capable of all sorts and types of great things. Last time we looked we saw that the world needs lots of help and we can dig in. There comes a point where one of the most important things we can do is provide help for somebody or something else, something other than ourselves. It's hard because we live in a decidedly materialistic world that is always reflecting back to us the skewered notion that the more stuff we can get for ourselves, the happier we will be. Hopefully we figure that on out because it just doesn't work like that, and we have moved beyond that constant resonating point of our society into something more realistic and human.

  At 7:30 a.m. DOW futures are slightly higher and the price of oil per barrel is down. The market is poised to sputter itself open.

  Will the Senate, Congress, and President wrangle out a fiscal cliff deal today or not. There's not much else to say about the most salient and important investment point of the day, the last day of 2012. I'll throw in my two cents and I'll go with - they do not get a deal done today and over we go.

CNN: Stocks: Investors brace for the cliff
... "still significant distance between the two sides."

... strong manufacturing data boosted stocks in China.

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