Market Correction on the Horizon? Use Caution Going Forward

Uncertainty around the world is spreading fear in the markets. Will Greece default? In and of itself, Greece is fairly small but the fear of contagion is real. How will any default affect Portugal, Ireland, Italy, Spain or worse, the unintended consequences yet unknown?

There is plenty of uncertainty to go around in the USA. The SEC delayed Dodd-Frank derivative measures scheduled to take effect in July. Unemployment is on the rise again. The US 14.3 trillion dollar debt limit must be raised by August 2, yes trillion; a number so large most cannot fathom what it means. Most don’t think default is a possibility but as the drop dead date approaches with no resolution, fear could spread throughout the markets.
………Continue reading at SA

About IIEX

Click "About" in the menu at the top for more information about the author. We also have a page at "Seeking Alpha" ( ). Please Click on and read the "Disclaimer" in the menu at the top. Have a question? Contact us at
This entry was posted in AAPL, Economy, INTC, MSFT, Stocks, WRLS. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s