CHARTS_CCI_SYSTEM

[snootmagruder]

gdl, I have to add more comments here. We're running a yearly deficit of like 650 billion or more that is unsustainable and with the debt ceiling again coming up the repubs will be looking for more cuts. That's on top of a trillion from the feds with QE that's unsustainable also. With the 1.65 trillion in borrowed money going into the economy now and it's just barely moving and looks like in fact it's starting to pull back. The corporate profits have been pumped up thru the financial sector with the trillions in QE, without it the S & P would probably be 20% or more lower. We're at 90% of GDP in debt that is pushing the limit already. On top of all this, China, Japan and the Eurozone are all bugs looking for a windshield that any one of them would drag the rest down.