Quote:
Originally Posted by philfree
I have a lot of cash I want to invest in the market but they're making ithard for me to be a bull.
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The market wants to go up. Companies were having great earnings and then tax cuts provided even better. Small caps which don't have as much exposure internationally were having a good year. Though they got hammered a bit yesterday w/ the down June consumer confidence report.
Were going to get GDP numbers this morning. I'd probably avoid going in now though too. July 6th is the date were supposed to put the initial tariffs on China. If we don't get a deal before then I don't know how bad it could get. We've made this so public they almost have to put up a hell of a fight or look weak
e: GDP revised down from 2.2 to 2.0%. Weakest consumer spending in 5 years. The good news just keeps rolling in
GDI was revised up though