Plus, it could be quite a while before the labor market can absorb all those people who are out of jobs.
After listening to the Yum call you know that almost every restaurateur seeking to make a profit will most likely fail.
This is one big name that appears to be in the sweet spot at the moment.
The Fed did a great job in boosting the asset markets with its aggressive monetary stimulus; now we need to see real economic growth.
Huge earnings news and economic reports will drive the indices while aggressive speculative trading continues in smaller stocks.
The Fed has done a lot, and is willing to do even more, but for now, is watching Congress. The fiscal side is where the next shoe falls.
Let me disabuse you of some of the biggest canards that people routinely spout involving the Fed and stocks.
Wild speculative trading continues to be the most fascinating aspect of this market.
Here's our strategy on SMG.
In a 'normal' recession, these would be real losers -- but right now? They look like numero 'UNO'.