Monday, November 10, 2008
What Will The Closing Bell Look Like?
This could be a very dramatic week for the economy and the markets. There is a lot happening. Over the weekend, China has put out their own bailout package of $586 billion. On Tuesday, we find out how bad the Auto industry is really doing with the Auto and Truck sales numbers due. We also get some unemployment data, home sales, and consumer credit this week. I suspect all of the numbers this week will be in the mediocre to bad range. The question is, with a likely volatile week, where will the markets close on Friday?
En Passant, Markets