According to CNBC, "stock index futures moved cautiously higher Monday, after ending the crazy month of October on a high note." It's expected to be relatively quiet today; Brewer Investment Group principal Jack Bouroudjian said, "Right now that money is sitting on the sidelines waiting to see what happens tomorrow"--tomorrow being the election--and "relief rally" is expected then, even though we won't know who the president is. Overseas, the European Commission said the region is probably in a recession and their economy "will stagnate in 2009."
Published Nov 3, 2008
Modified Nov 3, 2008
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