Yesterday's news about China's roll back in exports was compoiunded today with more fear about Greece and the concern that they are still in jeopardy of defaulting on their debt. Along with that came talk of them leaiving the Euro. That may wind up being what happens. All this uncertainty about the possibility of a recesssion in Europe and China wore heavily on equity markets today. Even Brazil which has been buzzing along with 7% growth, adjusted its numbers down to 2% today. The Dow lost 203 points.
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience
I get dizzy watching the ups and downs of these markets, Jeff. And what reactions used to be written in stone, now aren't so automatic. Who can predict what will happen? We do the best we can ... and "lock-in" on our best efforts and hunches ...
Gene
Mar 06, 2012 07:34 AM
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