Monday, July 20, 2009

Summer Fun

  • If companies continue to report better than expected earnings and everybody is on vacation, does it still count?
  • The risk appetite in this market has got to be back, if CIT was able to find a cohort to give it $3 billion
  • Oil was below $60 again. Now it's almost back to $65. Confusing
  • If I was Tom Watson, I'd feel good today, not bad. He almost made history at the British Open and set an example for athletes of all ages
  • India gives the U.S., Hillary Clinton and everyone else a big no thanks on carbon emission control

Futures are higher by a little on continued earnings optimism. As numbers come in better expectations continue to move up. Enjoy the tightrope.

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