Asbytec

Market Outlook - Caution Advised

It amazes me when a very marginal uptick in EU growth sparks a rally, especially when the US has had green shoots for months. The euro and pound rallied on the news.

I am convinced this recession is not over, even after the Fed comments. Anyone find the Chinese bear market a surprise? Oh well, at least the dollar benefits on bad news. <sigh> Hard to keep a ponzi scheme working on a strong dollar.