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To: GROUND ZERO™ who wrote (34998)7/15/2012 9:52:09 AM
From: Hawkmoon  Read Replies (2) | Respond to of 221849
 
This article sums up pretty well the concerns you just voiced:

zerohedge.com

That said, we're into earnings and anything can happen.. But I don't think next quarter is going to look nearly as good.

Everyone's looking for QE3, but I don't think there's much more the Fed can, or wants to, do before the election. It would reek of politicization of the Fed and an "Obama bailout"..

Hawk



To: GROUND ZERO™ who wrote (34998)7/15/2012 1:05:01 PM
From: Oblivious1 Recommendation  Read Replies (1) | Respond to of 221849
 
I totally agree. I'm very uneasy.



To: GROUND ZERO™ who wrote (34998)7/15/2012 1:59:59 PM
From: Seismo1 Recommendation  Read Replies (2) | Respond to of 221849
 
GZ, could it be that your longer term indicators have already discovered the recession that ECRI says we are now in? Hussman has been saying for several months that his longer term indicators have broken to the downside.