Never wrong… just early or late!

Costco net falls on weak discretionary spending – Yahoo! News

Costco net falls on weak discretionary spending – Yahoo! News.

Is it me or is everything a bellweather now? It seems every piece of news is the most important news. The markets whipsaw back and forth based on every quarterly profit (or loss), every piece of data, etc. etc. etc.

The most critical piece of economic news is due out at 10am to be followed by the next most criticial piece of economic news to be followed at 2pm by the most important earnings release of all time. After the market closes the release of data will determine if the government fails and whether the economy will ever work again. 

…wait until tomorrow. The news is really important.

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