Written by: Arthur Daret
2/18/2009 7:46 PM

Perhaps it's telling government to get out of the way. Everytime one of these big pieces of legislation is passed, the markets are either indifferent or it sells off. Hopefully this stimulus package will have a positive effect on the economy in the coming months. It will take some time so right now the jury is out but what concerns me is just how anemic the markets response has been.

Sentiment continues to be negative on the economy, corporate earnings, stock, and job security. For now the markets look like they are going to continue struggling. I do know that the markets will begin to advance before the economic numbers are showing improvement.

Arthur Daret

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