Friday, April 03, 2009

The Lagging Indicator

  • The market holding up on the bad employment numbers. With a nice rally going, nobody could cast blame for Friday profit taking. Not seeing that yet.
  • Employment data ugly. If you lose your job, it certainly doesn't feel like a lagging indicator.
  • Energy up a bit. As the economy improves, energy demand will increase.
  • Long lines at BJ's restaurant and at Costco last night.
  • Jay Cutler traded to the Bears. He didn't come cheap. It will be interesting to see how this is analyzed years down the road. My first thought is that the fantasy vale of Bears WRs goes up, and Broncos WRs goes down. Bears improve with a good QB.


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