Monday: Pending-home sales; ISM manufacturing; construction
Tuesday: Auto makers report October sales; factory orders; Kraft, Mastercard, Viacom earnings
Wednesday: Weekly mortgage applications; ISM service index; weekly crude inventories; Fed statement; earnings from Comcasts.
Thursday: October retail sales; weekly job claims; earnings from Toyota, CVS, Sirius, CBS, Nvidia, and Starbucks.
Friday: October jobs report, Geither speaks, Droid phone launches, wholesale trade, consumer credit, Fed's Duke speaks.
Ford posted some interesting profits today, and that's helping the market rally this morning after CIT expectantly announced its bankruptcy despite the billions pumped into it, but it's a small footnote to the announcement that their sales are still at 1980's levels. Ford also took 5.9 billion in bailouts. No one seems upset that taxpayers money (billions) was spent for nothing, wasted, and never to be recovered again. A perfect example of last Fall's insanity, and let's not forget that our president; then Senator, raced to Washington to vote for the bailout.
I'll be back..... (at work)
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