Sunday, December 14, 2008

Last Full Week of the Stock Market this Year, Still Many Questions

With the failure of the auto bailout this week, and the Fed meeting upcoming, Wall Street might not have the normal year end surge that it usually has this year. The bailout news might effect the meeting of the Fed, who is expected to lower the interest rate another .5%, but if the Bush administration helps out the auto companies, then that might instill some hope into the market. Even though some analysts still think that the market is resilient and holding in there even with all of the bad news, there still seems as if there is more to come.

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