Monday, November 5, 2012

Economic Journal - Monday, 11/5/2012

(As of 7:00 am pacific)
 
All is quiet as Election Day approaches.  Uncertainty is creating a pause as investors anticipate the coming day’s changes.  Most markets are close to unchanged with the dollar up against most currencies.  It will be hard for the markets to mount much a rally here, so expect a day that reflects the negativity that uncertainty brings.  Expect a mildly down, but listless day that lacks direction.