As bonds trended lower, stocks has the pleasure of riding the up escalator. Equity traders were still riding on the euphoria created by the Fed's long term low rate guarantee and the limited amount of tapering which they announced. The tech heavy NASDAQ was up a whopping 44 points today while the Dow gained 73. It looks as if Santa Claus is indeed coming to town. tomorrow investors will mull over Durable Goods, new home sales and mortgage volume data.
Re/max By The Sea - Destin, FL
Destin Florida Real Estate
Very Hard to understand why the market is going up. Spending was up last month but savings was down. Sorry but still don't see much good news.
Dec 23, 2013 06:58 AM
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