Archive for July 2011

David Brooks has it Right

The elephant in the room for both the economy and the market is deficit reduction and whether Congress can pass a balanced approach that incorporates both reduced expenditures and elimination of tax breaks. David Brooks comments are right on:

S&P 500, Haven for Short Term Players

The one-two punch last week, end of quarter spruce up, and beginning of quarter pension fund buying, put a short-term bid into the market and continued the rolling trading range that we expect to continue through the remainder of the…Continue Reading →