Thursday, March 21, 2013

Thursday afternoon

Poems are hard. Pork is easy. Just watch congress.
Congress has avoided any more budget showdowns for this fiscal year.  The continuing resolution is passing by a wide margin with a bipartisan vote.  It does include the sequestration budget cuts (a pittance) and it also permits some leeway in how various parts of the affected agencies (think DoD) cut their budgets.  Just my opinion but I think that is good.

Markets are recovering after a gap down this morning.  Opportunities were there and fast traders took advantage.

Thursday morning