It's just Greece affecting stocks. Nothing else matters.
Anyway, a potential deal on an extension of the payroll tax is in the headlines. How will that be paid for? Another $100 billion in debt. Why didn't they do that last time instead of adding a fee to new mortgages? If deficits don't matter, charge it all and spread out the cash advance to the 99%!
Stocks are mostly down as I type with the Nasdaq up a tick. So we will see how that last trading hour goes.
Which reminds me of my snafu yesterday when I blogged about the market being down. For some reason the last quote I had on my iPhone was of a negative day. Must have dropped the data connection in the last half hour! Yesterday was bullish as buyers surged in.
Will that happen today???
Wednesday, February 15, 2012
Greece! And the Payroll Tax Cut
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