
The market direction move higher today was stronger than I had anticipated when I indicated in yesterday’s market direction that the direction was more up than down. It was basically all up today but most of it was not so much based on sound economic growth or terrific economic numbers. Instead it was based on a belief that the Fed will remain accommodative still longer with the Quantitative Easing program and indeed there is a lot of evidence that the interest rates being near zero is having a positive effect especially on housing. / Read More


































