ajtj99's Market Pulse

[Gizmo]

Hanging over the market is a debate among strategists and economists over whether the United States is heading for a gradual economic slowdown, or a full-fledged recession, especially after reports of weakness in the housing sector.

Seems like prospects were much better in the spring when Dow/Spx traded these same levels.

I contend the market has not discounted the slowdown at these levels and is due for a shot of reality.