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We are now well into 2010 but the stock market is looking a little jaded.
We may see the leading indices like the FTSE 100 and Dow Jones move up for a few sessions but risk aversion and profit taking soon come to the fore.

Next February, when the Credit Cardholder’s Bill of Rights go into effect, consumers will see an end to several money-draining practices. One of them is retroactive interest rate increases.
Experts estimate that this one provision of the law will cost credit card issuers an estimated $10 billion in lost revenues.

In a sweeping move that aims to provide hundreds of thousands of Americans help with credit card debt, President Obama signed into law last month legislation that will put a stop to credit card companies imposing sudden rate hikes and exorbitant fees and penalties on cardholders.