Ron highlighted 11 things that happened last week that people may have overlooked.
Picture-perfect Federal Reserve statement
$104 billion of Treasury debt sold
Lower mortgage rates
ECB-$600 billion injection
Savings rate 7%
New world reserve currency chatter
Navy shadowing North Korean ships
Detaining of British embassy workers in Tehran
Lower oil prices
Bidding on Iraq oil projects
House climate bill
I'd add the over-reaction on the crushing of the Aerospace and related stocks, on the BA 787 news.