Posts Tagged ‘tax cuts’

Contrarian Commentary, The Week Ahead 12/27/09

Monday, December 28th, 2009

extremely overbought US Steel and the Baltic Dry Sea Index. Adding to the continued pressure on consumers is the lack of home equity line of credit lending that has buoyed the economy in years past. The cutting of home equity lines of credit along with cut credit card lines and forthcoming tax hikes on consumers will continue keep the cash strapped consumer on the side lines and force the federal government to continue it’s misguided policy of focusing on government spending to spur …