Good news for a change

The Dow was able to climb back over 8,000 today to close down only 45 points. Wall Street is looking at lean years as we move ahead. The problem is that we have an oversupply of people in the financial sector and few jobs elsewhere.

It would be grand if we were to increase employment in green industry, but most people see white collar financial work as better than manufacturing. And manufacturing is being move offshore anyway. Still, we are hanging in there and the market did not implode today.