Smart Money with Keith Springer Saturdays at 1PM and Sundays at 6AM on NewsRadio KFBK 93.1 FM and 1530 AM

We’re in the Goldilocks period right now

The market is plugging along nicely today after a slow start. It took a little while to digest the ADP jobs report showed 297k new jobs. That report initially had the market worried that it might be too much of a good thing which would ultimately make Bernanke and his Federal Reserve troupe stop the presses. However the Fed minutes still show there is risk to the downside and therefore little risk of the Fed or support from Obama’s boys to stop the Quantative easing program. We’re in the Goldilocks period right now. Enough growth to keep the economy from failing but not enough to generate too much inflation.

Regards

~Keith Springer

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