This week should show where the market intends to go. Housing data was so-so and job reports on Friday could be a huge factor. Consumer confidence did come in higher than expected which has many economists scratching their heads. The fact is growth in GDP cannot be obtained at the current level of unemployment. The argument today is should the housing market be left alone to fail? My answer is no because the foreclosure rate will skyrocket as more job are lost. The problem is some economists have not lived on the other side of the tracks in years. What we need is for people to get their head out of the books for a second and join the rest of the world. We are still in a recession guys!!!!!