"The undercarriage that brought (equity markets) this far is corroding," writes Eric Swarts,...

|By:, SA News Editor

"The undercarriage that brought (equity markets) this far is corroding," writes Eric Swarts, noting serious breakdowns in correlation between the S&P and Treasury yields, commodities, and equities outside of the States. Spain is surely due for a rebound that may lead another push higher for the S&P into the Facebook IPO, but be ready to stay nimble then.