Taking away mark to market rules is the only thing I can think of right now. The Fed and government have already shot their other bullets.
Come on Stock we're all counting on you..... it's the button right of the buy, and sell says... "Short" press once and all our troubles are over You can do it Sir
Mark to market, uptick rule, and ever so slightly positive quarter earnings from a big bank all in one glorious day
Well we didn't get a rally out of a new prez or a drop in oil prices. People need money esp the people with jobs. People with jobs will help other family members who need help. There are a lot of people whose hours are cut or only can work part time. (1/3 of WMT work force works 28 hrs). The gov't should offer a tax break to cos who add hours to the work force.
Why do those think there should be a rally? INDU vs. NIKKI, I suggest you look at those charts over the last 20 years and compare. IMHO, no rally in sight for a Decade, plenty of reasons. Main one is loss of confidence, which will not return for a decade at least. Loss of wealth from the Middle Class, who will not have much to pump into the markets. Cash is the new king, period. Play's in Hard Assets are more likley this decade than stocks. We know Inflation is on the horizon. Nationalizatio of Banks sends a signal to the New Administrations Socialism. Not good for "Stocks". The media, president keep hammering the "DEPRESSION", non stop. They have yet to speak of hope. So, in a nutshell....I think this market INDU S&P, NAS., will drift to put in lower lows and once it finds a "bottom" will trend sideways for a decade.