Sunday, June 24, 2012

Euro Plunge?

Sell in May and walk away?  Enough to get me interested again, anyways.  I can't believe the Christmas rally lasted 5 months.  If Greece is pulled out of the Euro or Egypt gets a little crazier, I expect to see some very damaging currency action in the Euro.  I would expect the USD to strengthen, and I would expect to see deflation start running it's course.  It could finally start getting nasty.  It should be a very interesting week.

.......unless Helicopter Ben throws out QE3.  Anything is possible with the Fed lately.



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