The economy kept "chugging along, steadily if not spectacularly, even amid volatile financial markets, deepening fears about a possible economic collapse in Europe, and a U.S. debt downgrade" (Irwin, Washington Post).
I do not deny that there is high unemployment rates but the constant flow of bad news squashes confidence in our economy. The market is, always has been, and always will be a confidence game.
Overall, this is some moderately good news. Check out the Market this morning (October 27, 2011):
Credit: Bill Cara's Blog
In honor of our debate last night, is it too late for Obama?
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