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there is nothing to stimulate 75% of the economy, consumer spending!
Think of the downstream effects - will this infrastructure spending raise earnings for most corporations, no. So that means the market will not have positive news which stems from rise in profits or consumer confidence.
tomorrow's pick will be media bias. Anyone notice that Geithnhrs BOMB of a speech/plan has basically gone unreported? How about the GRILLING of congress yesterday on the big bad bankers, why has there been no recap of the discussions in the headlines??? Becasue there was NO news to report despite the Big O blaming them everything!
like the Beastie Boys said " the man upstairs, I hope that be cares, if I had a penny for my thoughts I'd be a millionaire!"
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