TM

Global Equity Markets: Cautious Optimisim and Nagging Pessimism

I think this week has the potential for some possible downside. We have a good bit of consumer related news coming out that is likely to disappoint (spending, sentiment, home sales, etc...). The data will likely reaffirm to some investors that the current problem is not just isolated to the financial economy. I am not sure if the market will have enough upward momentum to continue last weeks gains through-out the week. Unless of course the numbers surprise to the upside, which would be very surprising, and who knows at this point what other tricks the Fed has up their sleeves!

Read more here: fiateconomics.blogspot.../