Good morning everyone. I did not post anything yesterday. I was feeling sleepy and groggy, ugh- allergies! OK, who cares. Lol. Let's get this show on the road. Today, I am expecting a slight rebound in the markets. The keyword is 'slight'. I believe that the recession is over but many Americans feel that it isn't, even though the current administration has done enough to avoid a worse scenario. I spoke with local real estate economist Todd McKissick who suggested in a series of articles that foreclosures, the health of the corporate credit markets and continuing rise in unemployment may dampen any kind of serious recovery. Although true, the economy as a whole is on the mend. Albeit, it has been a mixed bag by many companies based on the health of the earnings being released this quarter- meaning, it could be worse. Many firms have been able to protect their margins and grow because they have reduced their payrolls, put capital spending projects on hold, and reduced ...
Exchange-Traded Fund Blog