Nothing but bad news out there. The Government is now staffing the car companies. What's next, banks, builders, wallmart stores? This is scary stuff. Hugo Chavez was swept into office on promises and popularity, not that what happens in Venezuela will ever happen here, but, just saying.
Very good article that somewhat explains this bullishness in the S&P today. http://is.gd/pQC2
A longer term analysis of both the S&P and Crude. http://is.gd/pQDr http://is.gd/pQdI
