So much for the Obama bounce! It appears as if it was a buy on the rumor; sell on the news with President Obama’s inauguration. Statistics have shown that the inauguration is a loser for the major markets most of the time. Add to that the fact that earnings season is off to a rough
Where’s The Line?
Today we saw the market react to a plan that the government will help unfreeze the lending process in America and elsewhere. Basically, the government would open shop as a “bad bank” that takes over all the toxic assets of banks. Such action would allow the banks to go on about their normal business, which