Technical Market View wrote an interesting post today on
Here’s a quick excerpt
U.S. Economy It’s clear that the market is reacting to the problems that arise from astronomical energy costs. Nine out of 10 S&P industries dropped, lowering the index 8.7% in June. It was the largest monthly decline since September 2002. Even the world’s biggest companies like Wal-Mart and General Motors fell as oil went higher than $143 a barrel. Despite the obvious energy issue the U.S. Commerce Department reported that personal incomes were up 1.9% in May, also consumer spending was

Read the rest of this great post here