New info mixed, consumer confidence up, but new home sale down.
I think gold holds around 1610-1615, not affected either way by new info.
The debt deal still deadlocked.
Pres. Obama did great, but his move contained danger.
Now that he said his position to the entire world, he COULD NOT STEP AWAY FROM IT. He said he wanted tax increase, while the Republicans said they would NOT agree to it.
Pres. Obama could not accept any deal without tax increase. If the Republicans hold their ground, seriously Pres. Obama may have no choice but invoking the 14th amendment, which could trigger a Constitutional crisis.
In cloudy water, the fish prosper....