(as of 7:20 PST)
Investors were jolted into
action this morning. A surprising good
number on a reduction in jobless claims has provided market indexes a boost
after yesterday's negative day.
International news overnight was mixed, but solid overall. Gold continues its tailspin, down nearly 2%
while oil is near unchanged. Projections
of a 10% drop in markets from Goldman Sachs has been the buzz this morning.
Retail numbers and sales projections for the following quarter continue to be
weak. Inflation appears well in check
giving the Federal Reserve more options for quantitative easing.
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