European debt worries continue to bog down market optimism, as treasury prices saw large gains last week. The Fed's announcement of "Operation Twist" was largely expected last week. The fact that the fed openly admitted that we may be headed for another recession was a suprise to most, and drove stock prices down, treasury prices up. GDP reports will be released this week; also keep an eye on the Consumer Confidence, Durable Goods Orders, and Personal Income/Spending reports.
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