On-going problems in the Eurozone are an old story, but since most pundits have banked on “decoupling” and limited contagion to other major economies like China, Germany and the US, it is likely that the contracting data there will continue to disappoint and surprise currently optimistic market prices. Central bankers, politicians, money mangers and strategists who never see recessions coming can’t possibly price them in. Wilfull blindness is bliss until suddenly its deadly.
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And yet the XHB home builder etf has broken out and is holding a new 52 week high.
Perhaps, we all should watch the latest documentary:
http://hdmoviestore.net/2016-obamas-america-2012.html
Danielle,
Your MEDIA button is working OK. It may be slow to load, but it does work.
Thanks.
The global demise of pension plans
http://theautomaticearth.com/Finance/the-global-demise-of-pension-plans.html