Markets ended the day essentially where they were at midday; flat.  None of the three main indexes moved more than half a percent with the Nasdaq just up and the Dow and S&P slightly down.  All this occurred ahead of a house vote on a cap and trade climate bill that passed the House by just 7 votes.  Cap and Trade is a system in which families will be taxed about 175 dollars a year according to CBO estimates per household in order to improve greenhouse gas efficiency drastically.  The bill which barely passed in the House will have an even tougher time passing in the Senate where 60 votes are required to overcome a filibuster.  More on how the bill will impact the economy this Sunday in an exclusive newsletter article.  In other news today, consumer spending rose in a pleasant surprise for many investors and economists alike and the rise will likely imply more signs of recovery.  Subsequent to consumer spending increases are investor spending increases which will obviously have more noticeable and more immediate impacts on the stock markets.  This week was marked by significant uncertainty as most days were marked by flat trading or mixed results at the closing bell and indicated that the market was still waiting to see what ultimately the future of our economy is and how quickly we will see substantive recovery.


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