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Monday, April 25, 2011

EASTER MONDAY, THE FED, AND A WEDDING!


These are the highlights of the week ahead. Its the day after Easter and it looks like a slightly positive start to the day. MLPS have nothing on the news front but we do have Wells Fargo upgrading Linn Energy (LINE) to outperform from market perform and Baird is starting Breitburn at outperform and a 25 buck price target. Also this morning Enbridge Energy Partners (EEP) splits 2 for 1 so dont worry as the stock is not going to be down 33 dollars.

The other focus this week will be the fed meeting which ends with a press conference on Wednesday after they announce they are doing nothing. This weekend the NY Times pretty much admitted that the fed policy of keeping rates near zero has not worked. Here is some interesting commentary and yes, somehow Sarah Palin managed to figure this out far sooner than economists and the NY Times.

No other news on the docket this morning and no upgrades or downgrades. Which leads us to the most important event this week...the WEDDING...and its not the one in England either. My oldest daughter is getting married Friday which makes this a very busy week for me. So if i disappear for awhile you will know why!

1 comment:

Alan said...

Congrats!!
It's OK for fathers to shed tears at daughters weddings!!