Friday, November 30, 2012

TGIF!

$$ - I still think the most likely move is up in this market. We are now at month end and the beginning of December where money is added to retirement plans. 

While the news is dominated with the fiscal cliff chatter, the market seemed rather calm today. Especially when Boehner said that talks really hadn't progressed very far. 

I don't know what's going to happen.  I'd guess that tax rates are going up and that spending will also go up. 

My gut feeling is that the move to the upside is going to hit a wall in 2013.

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