Stocks slip, in part on Revised GDP calculation

[Silverbird]

Wall Street steps back on weaker GDP reading and mixed housing report, one day after pushing the Dow to a 13-month high.

http://money.cnn.com/2009/11/24/markets/markets_newyork/index.htm
[the prelimiary announced GDP that hits the press pages is often off - right direction but not exact].

 

[mick504]

Actually I can't see why stocks are going up period...as the economy really sucks and is not really going anyway. I think most people simply just can't make enough off interest or bonds and therefore are sticking it into the market on the chance that they'll make some money. It really puzzles me. Thanks for the article.

 

[WorkFE]

It really puzzles me.

You are not the only one puzzled but where else should you put it. It's not likely to fall off a cliff anytime soon. It is what it is. If your out get in. If your in be cautious.
I could put it in the bank but that is like loaning them money for free. I could put it in bonds but thats like loaning the gov't money for free. I could put it under my matress. hmmm