The Dow Jones Industrial Average moved lower for the week while the SP 100 and NASDAQ 100 moved higher. Although we had a short week due to Thanksgiving it was an interesting one due to Dubai Government announcing their decision to restructure Dubai World debt. Dubai is a big enough problem to investors to trigger a risk event. Could this be the beginning of another financial accident? All it would take is this to escalate into a major sovereign default problem.
 
Federal Reserve Philadelphia President Plosser will speak twice this week. On tuesday on the economic outlook and on friday about lessons learned from the financial crisis. FOMC Beige Book is due out on wednesday.