The new Al Quaeda

I'm correcting my view about Al Quaeda - I previously thought that the attempted Christmas day bombing couldn't be Al Quaeda, because historically, Al Quaeda launches simultaneous attacks with multiple participants to insure the probability of success. If the attempted Christmas day attack is the new face of Al Quaeda, then we are winning the battle against terrorism.

Market direction

The stock market will continue climbing in 2010 - the Nasdaq will hit 2500, and the S&P 500 will hit 1200. Fixed income investments like CDs are still returning paltry rates, and there is still uncertainty in the housing market, and the growth the stock market has experienced in 2009 will continue to attract inflows of capital.