The US economy is in a downward spiral that has any number of causes.
High energy costs. Punk jobs growth. High Debt and Deficits. Disgust with Republicans. An unwinnable war. Higher Rates. Health Care out of control...etc.
There are any number of reasons why the US economy should be collapsing...
Still for now the Market Bulls see this as "positive" because it means that the FED will be able to justify a further "pause" in rate hikes. Of course this will be bad for the dollar....and what's bad for the dollar is good for oil and gold and inflation...
But that's tomorrow's story...not today's...
RALLY ON BOYS! WE'LL WORRY ABOUT TOMORROW WHEN IT GETS HERE!
