![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXAtLSuVQwi_xT39hd42tWTieLhyhj_wPp3RkCxVIzqnbUDJRqw3uLGJAfbEnJVb3WbLSkNUcx3WR-Ts69OyIzQmGafYHuTMKTVwEbr6OFxUogjrJ7gCq8jmscoWQrkcoAbBWCoJJaWKNb/s320/5-7+am+futures.png)
Thursday, May 7, 2009
Market Strengthens, Rates Rise
Dow Futures indicate a gain of 50 points when the bell rings this morning. It's hard to say what news is driving today's gain. General Motors reported a quarterly loss of $6 billion, compared to a loss of $3.3 billion a year earlier. Yet analysts were cheered that GM's loss was only -$9.66 per share instead of the expected $11.05 loss. Are we setting the bar too low?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXAtLSuVQwi_xT39hd42tWTieLhyhj_wPp3RkCxVIzqnbUDJRqw3uLGJAfbEnJVb3WbLSkNUcx3WR-Ts69OyIzQmGafYHuTMKTVwEbr6OFxUogjrJ7gCq8jmscoWQrkcoAbBWCoJJaWKNb/s320/5-7+am+futures.png)
Labels:
Asset Design Center,
bonds,
Dr. Doom,
Stock Market,
Stress Test
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