Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, July 09, 2009

Thursday's Scoop

In the world today, it was a drab day. Some people are saying there needs to be yet another economic stimulus package. The previous one is working like they planned, just not a quickly as they thought or hoped it would. However, now economists are claiming there doesn't need to be another stimulus package. The debt taken on is already too large! On a good note, GM is expecting to emerge from bankruptcy protection tomorrow. One of the things that made today sluggish is the retail posting. Earnings are a good bit less than expected. However, things have to be picking up because everywhere I go to eat or shop, people are lined up. So, I feel like we are coming out of this recession, slowly. DJIA +4.76 S&P 500 +3.12 NASDAQ +5.38