A Crowd is Gathering
As the markets edge towards a decision point this month formidable names and issues are congregating on each side.
Some like the expected new FED chair view the economy on the mend and markets to be on the verge of heading higher.
Others, especially those looking at the macro view, are seeing problems with the emerging markets and are realizing that is an area that received a big push from the Bernanke QE’s. Interesting in that the US labor force and consumer liquidity was supposed to be the main benificiary.