Well lets see.
More people than expected filed for unemployment last month
Long term interest rates are up
TBond yields are up
Home sales drop
Detroit file for Bankruptcy
Just a few of the good news stories from a few days ago.
Strange the day after Ben threatens to taper, the U.S.Markets jump 130 points on supposedly good news from of all places the EU. I guess any rise in any economic news from the EU could be seen a positive because its coming from such a depressed economy. Australia is looking no better now with the FED putting a levy on bank deposits for any bailout, you know who will pay this levy, well it wont be the banks that have made near record profits.
u.s. markets up on good economic news
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