Turnaround?

  • Just when one feels they have Mr Market figured out it makes a an unexpected turn.
  • World markets are up dramatically as a reaction to China, Japan and US stimulus packages.
  • Shanghai advanced 6.1%, Japan up 0.9%, Korea up 3.3%.
  • Despite bleak corporate earnings reports traders have bid up the US futures, pointing a 150 point Dow rise.  We are two hours from the opening so lets see it it holds.
  • World Markets Up!