You can't ignore that this was largely on the back of a strong US economy and the wacko credit expansion. Our economy will weaken so will the global economy. Credit is tightening. Although in the future there may be a disconnect of the US economy in impacting the global economy that is not the case today. There is still a huge dependency on the US to fuel growth in China, India, the far east in general. Within the next month you will be seeing a different picture and will be asking what just happened. The market may be making you feel euphoric with the spanish fly that is being applied right now but the party is about to end. Did you not question the markets stability in Feb/March and July/Aug. If you did not you are one of the few. Wall Street was even calling uncle. Be aware the problems of many years of manipulation did not go way in the matter of a month. It would be ignorant to think otherwise.
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