THE NOTION THAT THE S&P HAS BASHED THE US IS NUTS...
LOOK AT THE GOLD MARKET...AND OIL...ITS BEEN BASHING THE AMERICAN DOLLAR FOR MONTHS...IF NOT YEARS...
JUST LOOK AT GOLD...FORGET THE S&P THEY ARE WAY BEHIND THE CURVE ON THE AMERICAN PROBLEM....
IF THE FED DOESN'T DO THE RIGHT THING ABOUT THE DOLLAR...AND SOON.
IT MAY BE TOO LATE...OR THE DAMAGE MAY BE SO BAD THAT IT WILL TAKE DECADES TO REVERSE...
AMERICA NEEDS AN INTEREST RATE... SOMETHING ABOVE ZERO IS BEING DEMANDED...