Dec. 15th 2008

Another busy week of information lies ahead…Goldman Sachs and Morgan Stanley release earnings before the close tomorrow and then the Fed releases it’s decision on interest rates at lunch time.   All that and we are only halfway into Tuesday, the market in anticipating poor numbers from Goldman and Morgan, while expecting a rate cut from the Fed.  While the market is expecting bad news from Goldman and Morgan, anything worse than expectations could put the thought of a positive December away for good. DC

Leave a Reply