johnbee

Preview from Europe: Stocks Confuse and Confound

The depressing figures you quote are past now. There's been a clearout, so its where we go from here that counts and what the market need decide.
The only real question is whether Bernanke will carry the day in beating deflation. He's waiting right now to see what more he needs do, if it needs more. Meantime sit tight or alternatively get out of the market if you're nervous until the trend up or down becomes more obvious, at least you can enjoy the Sun and the tennis without qualms. My only bets are on Andy Murray for a Wimbledon win!