Illinois quit collecting property taxes on disabled veterans in 2015, but that has cost Metro East school districts and other taxing bodies near Scott Air Force Base hundreds of thousands or sometimes millions of dollars.
and now showing some signs softening a little bit as the inventory restocking has taken place, versus a depressed consumer sector. you ve got nearly 10% unemployment and the last two weekly unemployment data shows many more people filing for new unemployment claims than had been expected and of course now with the expiration of the tax credit, consumers largest assets, their home seems to be unpressure. kelly: okay. david, thank you. real quickly you mentioned three things there that all portend some volatility in the market. you mentioned fragile. you mentioned manufacturing, as well as the fact that consumers are kind of downgrading their confidence. all three of these things lead one to conclude that the future could be volatile on the stock market? yeah, absolutely. on the other side of the ledger we ve got no inflation, very low interest rates and surge in corporate
profitability. so, near term keep your seat belts fastened. long-term that could lead us into further gains. kelly: wow, okay. david deets, thanks very much. jamie: up next, we re going to talk about the top five health issues that concern men. there s plenty for women, too though. what you need to know this father s day weekend. it s a topic we want you to be aware of when we talk about some health tips that you will hear only on fox. transform plain old ribs into these fall-off-the-bone honey bbq ribs. the secret s in the sauce, made with campbell s french onion soup. for these delicious ribs and dozens more sizzling summer recipes, visit campbellskitchen.com.
long time on wall street, stocks actually posting their biggest two week gain since november. the question on investor s minds right now, have we corrected the correction and if so, what does the future hold for us. joining us now is david deets, president of point view financial services. david, have we seen a correction and has the correction corrected the correction and if so, what does our future hold? you re right, kelly. the technical matter we re out of correction territory and we re no longer down 10% from the april highs and as longer term, the fact of the matter is there are lingering macro concerns that could easily drag this market down and have us retest their, the recent lows we ve set earlier this month. david, what does it say about the confidence level in the american economy and in wall street? you know, i think there s reviewed concerns as to exactly where we re going with this fragile recovery. basically you have the manufacturing sector, which is kind of led