You Go First

Still no shows for trading so far this year. Lots of stimulating going on but little in the way of supreme confidence on how the next market play will assemble and become a run. The blitz of liquidity to fund the rescue of the nations banking and investment institutions, along with various other corporate entities, has created a fog hovering over the notion of zero interest rates. Hard to find data supporting big stock rallies while institutional preferences are to hoard cash. Cash given to them with little performance criteria and few incentives to do anything but invest in sure things. Which of coarse are things such as money market mutual funds guaranteed by the G. This ' you go first' lending and investment courage is typical of the talentless industries of banking and insurance. Even with every legislative advantage to conduct business long before the current mess, they still screwed it up.