- The market looks worse this morning than the New Orleans Saints did last night!
- Weak payroll numbers. On the one hand, earlier this week the market was worried that the economy was stronger than expected and that the Fed may not cut rates at the next Fed meeting. On the otherhand, now the market is worried that the economy is weaker than expected and that the Fed is now forced to cut rates at the next meeting. See? Lots of fear and worry out there. Not a good thing on a friday before a weekend, as folks may head for the exits and pick up their beer and snacks for a football weekend.
- Fear is a good thing if you're a bull. Lots of bad news in the headlines from housing foreclosures and a housing recession, to weaker job growth. But doesn't this mean that we're NOWHERE close to inflation?
- The Saints were just hammered last night. It was on the road against the Colts, and the AFC has been the stronger conference in recent years. I think the Saints will be fine competing against the NFC teams. But their offensive line looked a little weak last night, and Brees didn't look crisp. But lets give credit to an outstanding game from the Colts. They looked every bit as strong as they did last year and look very poised to keep their dynasty going.
