So far, 8:19 p.m. PDT, the Asian markets seem in suspended animation...Guess they'll be reacting to our markets directions on Monday over here.
And whatever those results are, they'll likely last two days, as the Rosh Hashanah holy holiday for the Jewish peoples quiets the Tuesday markets.
I'll bet the politician's still won't have the bill passed and signed by the President by Tuesday. Some of them are seeing the opening of tonight's Asian markets and the drop in gold and silver as signs the threat to our economy is not imminent and that it's been overplayed.
And they still have to go home and campaign and are doing all they can while in Washington to save their seats as they wrangle with this bill's agenda and details.
On CNBC of Asia, a Bank of China VP ticked off all the buyouts, payouts, and astronomical debt level in the USA. He calculated $1.8 Trillion.
Basically was saying an 18 month recession over here, and they will begin to focus on domestic demand in China, which they see as their next growth engine while we struggle to right our ship. (only my synopsis.) FWIW.
