Greetings from 36,000 feet as I am heading from Florida to LA. There were two major non-financial market news items from last week which I think warrant serious attention. The first was the European Central Bank (ECB) which downgraded their view of the European economy from 1.7% growth to 1.1% growth. That may not seem like “stop the presses” news, but with growth teetering around 1%, the ECB has to be very concerned about recession across Europe and not just […]
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The pause to mild pullback eliminated the pause as the bears sunk their teeth into the markets a little deeper on Thursday. The March 4 peak and reversal day I referenced a few days ago now has a bit more significance although indices saw their highs on February 25. I am traveling so I won’t get to pay enough attention to the chatter, but I am guessing there will be some focus on the S&P 500 falling back to its […]
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Here is the latest Street$marts: http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121015.pdf
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