Happy Holidays

The Holiday season is in full force and spending numbers are up (which is great for a retail sector that really needed it.) If we see follow through purchasing numbers post-holiday, it could trully signal the end to the paralysis that has gripped our nations wallets this past year. Once again, get out their and do your part. Go Buy Something!!

Payback Time

Most of the largest US banks that accepted TARP money are now in the process of trying to pay it back at all costs. I am sure that this is due to the administrations move to limit compensation and deny bonuses to executives....It's amazing what a honey and stick approach can accomplish. Even with some of the elite earners in our society.

Dollar Strengthening

A strengthening dollar means that the US $$ will have greater purchasing power. The administration and the Fed have made an effort to devalue the dollar and allow the stock market to strengthen. If the Fed raises rates because of the dollars "growth" we could be in for a stock market move to the downside.....Stay nimble with your trades through the holidays!!

Shop til You Drop

Holiday shopping season is underway and the numbers are looking good. This economy really needs to see healthy numbers from consumers to continue to push forward. I know that I (aka my wife) am doing my part to spend us out of this recession and hope that you will also. Great deals on tech merchandise are rampant so shop til you drop!!!