Otherwise, the U.S. economic reports continue to provide evidence that there is a general slowing. Some of the most recent reports have shown a bit of more stabilization<\/em>.<\/p>\n The charts below provide a look at the recent trends…<\/p>\n
It is typical that Wall Street cheers as the buck is passed. To the delight of investors, Greece has managed to provide a blueprint of how they are assuredly going to go bankrupt in order to get additional loan backing. This is the new era of financial math for sure.<\/p>\n
Essentially, the Greek government has basically thrown its citizens over a live hand grenade in order to save the rest of Europe. (And by “rest” we mean Germany and France).<\/p>\n
The Euro (which is grossly overvalued by any measure) has been bid up again – with help by China’s “buy-the-Euro-team” on hope that the region is out of the woods. This has helped to push up U.S. stocks, right into the end of the quarter. If all goes well, the S&P will end the day right above 1326 or so – this will ensure that the quarter will show a positive <\/em><\/strong>return for the newspaper headlines.<\/p>\n Otherwise, the U.S. economic reports continue to provide evidence that there is a general slowing. Some of the most recent reports have shown a bit of more stabilization<\/em>.<\/p>\n The charts below provide a look at the recent trends…<\/p>\n
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