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主题:04/06/2009 Market View -- 宁子

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家园 THE ECONOMY

A day of no real economic news. Sure Geithner threatened bank executives with removal. That has huge constitutional and future ramifications for our country, but for the market it was pretty much expected. If GM's CEO can get punted for the money his company took it is not much of a stretch to see the bank execs with targets painted on their heads.

Indeed the week will be pretty light in terms of reports measuring economic activity. The reports that will be coming are the company earnings and even those will not be that important; it is the outlook after the crappiness that will guide our insight as to the economic progress this week.

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