We are awaiting the employment report–the ‘official’ report from the government. While I question the reports coming from the government they are what they are and markets will react. Equity markets are just waiting–little movement.
I am back to watching the markets for now – seems like a bit of a flip flop as only last week I was awaiting CD and Treasury maturities so I would have some cash to invest and now I am waiting. A number of folks commented yesterday ‘why invest today when better prices are coming tomorrow’. Also with competing investments where I can lay low for some number of months at a pretty good coupon why stress out with dicey investments.