Perfect Storm Brewing

By Chuck Gibson

I prefer not to spend time on short term market volatility because, well … I view short term movement as noise but the past few week’s action needs some explanation.

Like what occurred in 2008 we have a number of negative fundamentals occurring all around the same time coalescing together in attempt to create another “perfect storm”. These include but not limited to

  1. Slowing US corporate profits
  2. The Fed pulled the plug on additional MAJOR stimulus
  3. Government gridlock bordering on irresponsibility
  4. Lack of improvement of domestic unemployment
  5. A liquidity crisis in Europe

Continue reading the article . . .

Related reading:

A Look At Poverty in America
Financial Perspectives (19 Sep 11)