Innovation Update

Coming Week: Enjoy Turkey, Forget Stocks

Stock quotes in this article: GM , F , C , WMT , COST , JCP , BJ  

"The economic data that's going to be coming out virtually every day, in some capacity -- retail sales, auto sales, unemployment, producer prices, the use of gift cards for retailers -- virtually every piece of data that people are reading and hearing about is negative," says Fisher. "And I think it's going to be a while before any piece of data comes out that is positive about the economy."

Fisher says investors should more carefully scrutinize indicators like the yield curve, which shows the relationship among interest rates on bonds with different maturity dates. Though the market is still flocking to safe-haven investments like Treasury bonds, yield curves have narrowed significantly since skyrocketing last week. That means investors have become much more bullish on the country's future economic health, while taking shelter for the near term.

Vincent Catalano, chief investment strategist at Blue Marble Research, says on his blog that the weak economy and chaotic government response has done little to soften investors' nerves so far.

"A near state of exhaustion exists," notes Catalano, "be it the investor trying to make sense of the current climate or the avenues being pursued by government in dealing with the credit and economic crisis or the negative feedback loop that is producing lower lows."

Perhaps family time, comfort food and a necessary break will revive the strength of those preparing for the next cache of negativity, or those trying to predict the market's next move.

RealMoney Barometer Poll
1 What would best describe your stance heading into the coming week of trading?
Bullish
Bearish
Neutral
2 Which of these sectors do you think is set to move up in the coming week?
3 Which of these sectors do you think is set to move down in the coming week?


View the results without voting
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