A Good Start

After yesterday's news from GM of their laying of 30,000 employees and closing several U.S. factories (listen to a heated debate on the cause here), the market was back up today. Investors think the Fed will boost rates just twice more this year, keeping the risk of inflation low. And the price of gold continues to rise, marking a 20-year high. Finally, retailers are very optimistic about the already-here holiday season, pointing to the decrease in gasoline prices and high October sales as positive omens. DOW: +51.15 Nasdaq: +11.89 S&P 500: +6.38