Things Come in 3's

Economic News

* Consumer Sentiment rose once again.

* From March 9 to September 9, the S&P 500 grew 53%. The S&P 500 has been "up" 17 weeks and "down" 8.

* Goldman Sachs reports they have tempered their view slightly on labor, now expecting the unemployment rate to reach 10¼% in 2010, down from a previous forecast of 10½%.

* Monetary tightening seems highly unlikely in a world of vast labor and manufacturing slack, contained inflation, and reduced consumption.

* Goldman also states in a recent report; Better News Drives Up Near-term GDP: Improved news for homebuilding, home prices, manufacturing, and employment contribute to an upgrade in our second half 2009 GDP forecast from 1.0% to 3.0% annualized. This change is particularly warranted due to the economic jolt coming from the positive turn in the inventory cycle and fiscal stimulus.

Mis Behavin'

We've all heard the saying "things happen in 3's". This week is NO exception: Senator Joe Wilson starts the week of disrespectful, vulgar, rude and down right stupid behavior:

Senator Joe Wilson: yelling at the President during his speech! Regardless if he is correct, I know your mamma taught you there is "a time and a place".

Serena Williams: girlfriend your mamma/daddy needs to just "wash your mouth out with soap".

Kanye West : Wins first prize for being the rudest, most stupid man on the planet! Your Mamma is going to come back and "bust your ....." well you know!

Thank goodness bad only comes in 3's!

Sources: JP Morgan, Standard and Poors, Goldman Sachs, US Dept of Labor, Victoria's Mamma for teaching her "good manners" and "if you cant say anything nice, don't "say" anything at all".