Wednesday, July 20, 2011

Minnesota Governor Signs State Budget: Market UP!

Governor Mark Dayton signed the new budget to avoid a government shut down in Minnesota. The Dow Industrials turned positive at about the same time the signing was announced. The investing public seems mesmerized by the media and fear of a national bankruptcy in spite of the provision in the 14th Amendment which, we understand, allows the President to raise the debt ceiling if forced to do so.

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