U.S. markets came back nicely yesterday but today, we accentuate the negatives. That does not take away from the great action of growth names or anything marijuana but:
Have you seen:
Russia, China, Brazil, Turkey, emerging markets, EAFE, other currencies, the German Dax, the London FTSE, Paris CAC….and so many other areas.
We will just say we think it a miracle the U.S. market is not reacting to what we are seeing in many other parts of the world. Let’s hope that continues. We keep thinking the rest will rally…but ain’t happening. The HANG SENG another bad down day, Europe weak again.
We pay attention but so far, the U.S. is immune.
Futures are down but way off the overnight lows…and AMAZON now a $trillion company.