With January coming to a close, 2014 is certainly off to a rough start. Looks like the DOW will close down about 4% for the month, the S&P 500 down close to 2.5% and the NASDAQ down around .80%. And, it doesn't look like the news is going to get better any time soon.
The Fed announced this week they are going to cut another $10 billion from their $75 billion bond buying program, to make it $65 Billion. When will they pull the rug out completely?
Jobless claims rose more than expected by 19,000, to make 348,000 total claims. The four week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, edged up 750 to 333,000.
With all of that in mind, we wanted to ask....
Every Success,
The INO.com Team
