Will over Skill

With recent resignations from leadership positions in the political arena......a new trend..expect more...this is similar to a bad company and people begin leaving before the ship sinks....we saw this at the beginning of the last decade....when things go south they typically accelerate.....this is what is happening in wdc, llc..with no skill, the lack of any back ground in leadership positions or private sector experience has hit hard...even their will to survive is being questioned....the media is having a hard time covering for them......a famous blogger said, "That they both lack the courage to face the music for their own roles in this debacle says more about their character than their ideology."

China's growth continues to confuse all the bears...electricity consumption was up 6% in 2009 compared to 5.5% in 2008. 2010 will be even higher.

Crude oil broke a ten day winning streak today...maybe it will be warmer next week?

Stocks at the end of the 1990's had their best decade ever. Bonds just finished their best decade ever. Now it's stocks turn again for this decade......as everyone is still very bearish long term.. comparing the USA to Japan's lost decades.

UPS estimates that on any given day it has 15 million packages valued at about 6% of our GDP.

The easy fix to our nations political leadership would be rectified by two simple new rules: 1) Line item veto. 2) Term limits.

What many of the career politicians have done to this country would put most private citizens in jail....for their actions.

$180,000,000,000 will be pulled from the capital markets this week to fund losses at the federal and state level. This is a number never attempted in the history of mankind. We don't know anyone investing in this paper...do you? SO WHO IS??????

The Stock market continues its healthy rotation.....technology is lower as it is the most expensive....the hard asset super blue chip beneficiaries of the global strength remain in place.

A major broker dealer said: "1) Equity market breakouts are global with Asia leading.. 2) Commodities remain leadership with secular trends intact for energy and materials.. 3) Financials poised to have sharp tactical rally.. 4) Leadership has emerged in Mega-cap Multinationals...yield matters." WE AGREE.

Danny Boy seen here trying very hard to get the start of the year right this time.