Time to Go Hunting

We have a deal in Washington, or at least something that appears to reset the clock for a little while. Kinda like the snooze button on an alarm clock or the one I use on my iPhone. Much like trying to crib a few more minutes before facing the day, we now have a little while until we have to really deal with the debt ceiling and government budget. At least with the government going back to work, it means that pretty soon we'll be getting a batch of economic data. Granted it will be even more rear-view mirror than usual, but at least we'll be able to fill in some of the missing pieces.

Based on the stock market reception over night, it appears this is once again a buy-the-rumor-sell-the-news event. While the budget and debt ceiling alarm clock will start to buzz in January between now and then, we, as investors, have two things to contend with: September quarter earnings and the holiday shopping season. Based on what we've started to hear, it looks like the balance of the year is looking more ho-hum than ho-ho....439 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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