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Wednesday, January 11, 2012

Can U.S. Markets Really Ignore European Woes?

That is my question of the day.

With Europe's GDP shrinking well below 2008 levels and Britain's trade balance declining below 2009 levels, is the U.S. really immune to the knock-off effects? Time will tell...

P.S. And, who's minding the store with U.S. politicians focused on the election this year rather than on fiscal and economic problems? The Fed can only do so much with monetary policy...