Good morning and welcome to the weekend. It is 48 degrees and hazy with expected sunshine here in Upstate NY. This weekend it becomes official, Fall will be arriving on Sunday. I applaud the new Pope's call for mercy and understanding towards gays, abortion, and all of the hated issues that America's right wing is blathering and obsessed about. One wonders when the hatred for the new Pope will start coming out of our right-wing-nuts. The Pope is doing the correct thing, he is changing the culture by making a keystone shift in how people might think and feel about other human beings. I think this is the best news I've read all week because the coat-tails from this action are long and effect millions and millions of people's attitudes. The Pope is creating a good space.
At 8:20 a.m. ET futures are modestly lower and the price of oil per barrel is down. The market is poised to open lower.
Investors are wondering what's next after the impromptu rise in equities when Bernanke told the world that quantitative easing will stay unchanged. What is next? Well with the government about to be shut down by the lunatics on the right, expect markets to be rattled.
CNN:
Stocks: Treading water after record run
There is little in the way of economic or corporate news expected, though investors will be watching developments at Apple...
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