The Mother of All Bailouts (MOAB) continues to grow: U.S. may prop up housing further via Fannie, Freddie; Unlimited support may presage more aggressive action in mortgage markets [1]. (A tip of the hat to Randy F. for the link.)
Adjusted for Inflation Dow’s Gains are Puny [2]. (Thanks to James B. in Colorado for the link.)
Items from The Economatrix:
Retailers Stores Thinly Stocked, Profits Won’t Be [3]
Stocks Edge Higher As Shoppers Step Up Spending [4]
Holiday Sales Rose Estimated 3.6%
“Reasonably High Chance” Economy Will Contract in 2010
Cash-Strapped US Running Out of Unemployment Money [5]
Home Equity Lines Of Credit Have Dried Up All Over the US [6]
Oil Hits Five-Week-High on US Cold, Optimism