II WEEK 515
Good day
US markets are rebounding. Investors are proud of China's economic data due to be revised. The headache in the near term is Greece. The Greek economy is a laggard verses the more mature US Economy yet there is concern that the lack of cash equals the lack of buying power which would cause the use of credit which could become exhausted in a new global competitive market. In a crunch if credit liquidity becomes an issue and the reality of being back to the beginning of the stimulating after austerity will cause global markets to retreat as they investors wait for the Eurozone to catch itself.
The China economy and the U.S. Economy are in competition for better inventories and sales.
Thank you and have a great day.
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