New York, NY….The Dow Jones Industrial Average was up 619.07 points today. This broke several days of declines. While markets are still down on the year there seemed to be a collective sigh of relief today. Relief that the market was capable of inching back into positive territory again and relief that China’s $22 billion in recent stimulus has slowed the market illnesses in China that have given the sniffles to all the global markets.
It is still waay too soon to know if China’s problems can be brought to a soft landing or will continue their downward slide. Tomorrow is another day but it was nice to see that some of the conversations today were back to business growth instead of just looking for bigger patches to financial problems