"As long as the economic outlook remains tied to government policy, risks will remain decidedly to the downside," he said. "This is especially true in a year of important elections, both in the U.S. and in Europe."
Florida's economic malaise. (Unemployment of 10%, three of every 20 houses in foreclosure, a state budget up to $2 billion in the hole.)
Geez, I wonder why I expect a drop in the markets. I keep reading that people fear a 2nd recession. Not to worry folks, we're not out of the first one.
Edited by Bob Korreck - 1/13/12 at 12:09pm