U.S. Economic Outlook

After hitting a cycle high of 1217.28 on April 23, 2010, the S&P 500 stock market index fell by 10.65% in the following 20 trading days. The media would have you believe that the ongoing “official” correction in the U.S. Greece, Portugal and Spain Are the Least of Our Economic/Financial
Challenges

After hitting a cycle high of 1217.28 on April 23, 2010, the S&P 500 stock market index fell by 10.65% in the following 20 trading days. The media would have you believe that the ongoing “official” correction in the U.S. equities market is all about the southern member states of the Euro-zone – Greece, Portugal and Spain (GPS). Although concern about the economically-weak and highly-indebted Euro-zone states have played a role in the U.S.

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