McLaughlin Group this evening

The most interesting thing in my opinion about their show tonight was Mort Zuckerman, not my most favorite commentor, saying what few will say - that our economy is still on the edge of a great precipice. He also said that it seemed inevitable that interest rates would be going up, and that was probably going to push the economy off the edge. 

Although I don't agree with Zuckerman about much, I do pretty much agree with him about this. The only other side of the coin is that people will move money out of the stock market into CDs which will bring more return. That isn't necessarily a bad thing. But like all penny pitching games, those on the bottom of the ladder will lose.