The majority of top performers in the S&P 500 (INDEX: .SPX) this year are as the result of a takeover, keeping a teetering stock market near the unchanged mark for 2010 in the face of fears of a global debt crisis, continued problems with the the U.S. consumer and higher interest rates.
Good thing the world still has access to cutting edge commentary intended to redirect, direct, the lemmings towards the cliff. If misdirection is the only solution, than at least entertain us.
Hey! It's all ball bearings nowadays. Now you prepare that Fetzer valve with some 3-in-1 oil and some gauze pads. And I'm gonna need 'bout ten quarts of anti-freeze, preferably Prestone. No, no make that Quaker State. Fletch (1985).
The market has consistently found direction from the dollar since 2000.
U.S. Dollar Index vs SPY 500:
Source: finance.yahoo.com
0 comments:
Post a Comment