Thursday, April 12, 2007

The Markets Today

The markets had a nice upward move today, which is especially good considering they started in negative territory. They rallied until 12:30, moved sideways a bit, then added a bit more. My guess is the retail sales numbers were a big reason for the advance. Right now the consumer is the main economic actor moving the economy forward. Any news indicating the consumer is alive and well helps to alleviate recession concerns.


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