Viva Bailouts!!!

It appears that investors like bailouts, with the stock futures signaling a higher open. The prospects that the auto industry will get a temporary reprieve seems to be good news and it well may be.  However, I think this is just throwing more money down a rat hole, and nothing fundamental will change with the automakers. Overseas, various governments are intervening big time in their economic messes, with interest rates in Europe really on the down swings.  Many people are still suggesting a Santa Claus rally, but I remained unconvinced.  Today may be up, but what about tomorrow?

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