Sunday, July 31, 2011

Deal Reached!

A deal has officially been reached to cut at least $2.4 trillion over 10 years. Look for markets to sky rocket tomorrow on the relief that this is finally over. Economic distress isn't over though. Many companies are still releasing earnings and investors are still hoping to avoid US credit rating downgrades. All-in-all this is good news, but it does NOT signal an improving economy. Investors should continue to invest with caution. I predict the coming week to be VERY volatile. That being said, I will begin investing again tomorrow morning.

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