January 1, 2009
 
1/1/09 @ 2:30 p.m.

Happy New Year! And I stress the "Happy" in that proclamation. "Happy" that the 2008 market is behind us. I wish I could tell you that with the passing of 2008, so goes the economic trouble, but that would be wishful thinking.

2009 may be another rough one. However, the stock market may have faced its toughest test last year. I believe we’ll be stuck in a range in early 2009 as investors struggle with confidence in our markets and our economic leadership.

I believe that the U.S. dollar will see adverse effects of the unrestrained government spending that has taken place and is yet to take place. I also believe that consumers will have to rein in their spending even further as the jobs market deteriorates and the housing sector continues to struggle. However, I do believe ...
   
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