Well, the political news craziness is finally over and we are back. We have tried to filter through all of the CRAP to bring you the information that you need to know. Of course, tomorrow is the monthly unemployment report and we will be updating the charts but today we have some interesting tidbits to focus on.
Dean Curnutt of Macro Risk Advisors and Charles Biderman of TrimTabs
Investment Research share their market insight. "Who is buying stocks?" We share this with you because of how much weight the government and the media has put on the markets in measuring our recovery.
We have been continually concerned about banks and the ability of our clients to get the lending support that they require. With the new small bank stimulus package recently proposed by the President, here is our advise: you can keep your depository accounts with large national or regional banks but if you are looking for a loan revisit your locally owned small bank. DO NOT move your depository accounts! You should never deposit to the same banks where you have loans.