Tuesday, January 23rd, 2007
Dow poised to give up gains of 2007
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Bloomberg reports US stocks poised to give up gains of 2007;
The U.S. stock market was poised to give up all of its gains this year after Motorola Inc. and Boeing Co. tumbled on concern weaker demand will crimp earnings
The biggest loser is shaping to be the industrial average, already putting it within 0.1% of where it started 2007.
Many are saying that inflation is still the biggest risk factor, and when people like Jeff Lacker are quoted people pay attention.
Although the consensus remains that interest rates are well positioned to slow prices.
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