Quote from Picaso:
??? Me no comprende
You have just tested my complete vocabluary of Dutch.
Relative to S&P ,throw in a nice yield of 3.2. GDP <3.0 and inflation around 1.0.Savings went down and credit card usage popped back up.
Nasty things can happen with this market ,especially as Europe spending now decreasing. Means our exports are expensive and demand is dropping anyway. Even the Germans are backing off.
Potential for shit to hit the fan here.
Yields could get to 2.0 to 2.5 .So S&P down around 1150.
Just the way I look at it anyway.