“Before 2009 ends we will have a “Blue Moon”. It seems that we can summarize 2009 in a series of “Once in a Blue Moon” events.
The Auto Bailout is not over, and extends into the mortgage market
GMAC will receive another $3.5 billion in tax payer money through TARP, bringing this portion of the auto bailout up to $16 billion…”
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About Richard Suttmeier:
Richard Suttmeier’s latest blog analyzes earnings from Intel, the most important technology stock, JP Morgan Chase, the most important “too big to fail” bank, and break-out’s for Comex copper and Nymex crude oil.
Richard Suttmeier is the chief market strategist for ValuEngine.com. Richard is an industry leader on the housing market and banking system and writes a newsletter covering The Great Credit Crunch. He produces a List of Problem Banks by name. He produces daily and weekly briefings covering the US Capital markets. Richard Suttmeier’s ValuEngine Four In Four video is available on forextv.com.
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