Friday, September 2, 2011

UH-OH: ASIA DOWN 1-2% AND EUROPE ALREADY DOWN 2%

THE FACT THAT THE EUROZONE TROUBLE REMAINS TOTALLY UNSOLVED IS SINKING IN.



AND US JOBS DATA COMING OUT TODAY LOOKS LIKE IT'S GONNA BE BAD.



(THE WHITE HOUSE TRIED TO SOFTEN THE BLOW YESTERDAY BY HAVING ITS BUDGET OFFICE RELEASE A STATEMENT THAT THEY "EXPECTED" UNEMPLOYMENT TO REMAIN HIGH THROUGH NEXT YEAR.)



BETTER BRACE YOURSELVES:



THINGS ARE GOING TO GET PROGRESSIVELY WORSE BETWEEN NOW AND 9/8.


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