WHat's bad for the Euro is good for the $. Korean strife caused a jump in gold even with stronger $.VIX under 22, I don't see the FEAR. Some bullish polls ramped up between 93%-98% bullish....at 2009 lows was only 2%. When EXTREMES are reached usually not a bad sign for taking sides.....2% bulls didn't leave many left who didn't think the appocalypse had arrived.....now all is but forgotten.....and I wonder if so how the Santa rally and January effect will play out this year....usually bullish.
Even if 2.5% GDP (rear view looking) is real, we need 4% or better to grow jobs, and that's a drop from over 5% year ago....and most of it is inventory building, that will begin to have reverse effect going forward.
You tell me dear peope where the economic hot spot is....where is it?
D
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