Stockbull...G7 doesn't look likely to lower on a concerted basis (Germany's Teitmeier has already said they won't..Japan can't go much lower), nor does Fed lowering look likely....Reason for FED is interest rates keep falling on a daily basis anyway, the Market is driving them down, mortgage interest rates are the lowest in 27 years...Why would the Fed lower them more?......Lowered interest rates aren't the answer, IMO..Look at Japan...Interest rates are at about 1%, they just lowered them again 1/4%..It was perceived as almost a joke...
For anyone who buys today thinking Clinton won't look that bad, or that it's finally out in the open, and now we can move on, are mistaken.....Corporate earnings are bigger than the Clinton thing ever thought of being.....We've still got clouds looming overhead on this matter........Revisions are continuing to be lowered, in general, across the board...DELL is one bright spot, but Market will lower DELL too.
Regards, George |
