Seeking Advice

Thursday Outlook: Commodities, Emerging Markets

There probably will be a rally after something passes, but not necessarily because anyone really thinks it's overall a good idea, but probably just relief that this confusing proposal has been dealt with one way or another. (Treasury admits they made up the $700B out of thin air?). But as has been stated, the lack of transparency about just what the economy is up against and the poor track record of the Federal Government in perceiving the problems and acting effectively is probably going to weigh on the markets. And there is no free lunch. $700B or $1 Trillion, whatever the number ultimately turns out to be, is a whole lot of money and that has to paid for. It will have an effect on the economy and the nation for some time to come. And who exactly is going to provide those dollars we don't currently have?