CHN - Buffered By The Headwinds
We are getting blown about, no doubt. We are once again experiencing notable moves in both the bond and stock markets. I think these will continue until the midterm elections. The ground is shifting and nothing feels very safe. Even some of the very large money managers that I speak with are getting nervous. Hedge funds are drawing in their leverage.
Watch out. Take care. Beware.
The little Italian dinner party organized by the nationalistic parties is starting to cause indigestion. The European Commission wrote a formal letter to Italy in response to their budget