Here`s an interesting view on the US economy by Cullen Roche,
The fact that the domestic economy is losing traction is disconcerting. It’s like being a sick patient whose immune system is completely broken and we’re depending on the uncle no one can rely on (emerging markets) to take care of you... - Cullen Roche, The Prag Cap
I shared my stock market views here on the blog yesterday. A slowing economy is also one of my concerns.
Related: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), Bank Of America (BAC), Citigroup (C), JP Morgan (JPM), Wells Fargo (WFC), iPath S&P 500 VIX Short-Term Futures ETN (VXX), Financial Select Sector SPDR (ETF) (XLF), ProShares UltraShort QQQ (ETF) (QID)
Subscribe to the TraderHMS Newsletter and receive trading ideas, setups and market analysis on your email.