Lizzie, on Tuesday I was thinking it was strange the gas prices haven't impacted consumer spending, but also thought, then again the recovery feels muted or a bit held back, possibly by gas prices.
I also think concerns about a potential terrorist attack during the elections are holding stocks back.
Gas, jobs, and bin Laden aren't a good combination.
Along those lines, am very surprised the govt hasn't completed the following project yet, given the potential consequences:
cnn.com
"The FBI's much-lauded computer system that was supposed to aid in tracking domestic terror threats will not be ready by year's end"
Given the govt was able to identify something like 50% of all the terrorists before the 9/11 attack (which I think is an amazing accomplishment), but you'd think they'd make follow-through of this particular project the country's top priority since bin Laden's goal is to kill 4 million Americans.
One would think the govt would make paramount the completion of their computer project for safety of Americans.
Investors are probably thinking, why put money into the stock market today, if it might drop in the future?
Regards,
Amy J |
