Tuesday, January 15, 2008

Daily Fundamentals 1/15/2008

Good Morning

Well, pretty much everything in the US market is down across the board. Core ppi, ppi, retail sales and empire state business conditions index. Being that its January i really wouldn't be concerned too much. if it was march or April I'd start to get concerned. Citi group announced today they recorded a record loss and will receive a 14.5 billion dollar infusion. The Dow continues to get slammed. But, i think we'll start to see a rebound once we hit the spring and summer months.


JP

No comments: