01-20-2016, 10:54 PM
Well, markets don't like uncertainty, and there's lots of that.
That said, US GDP is still growing. The latest core CPI came in at +0.1% (total CPI was negative at -0.1%). Employers still adding jobs. Energy is cheap. And of all of the world, the US (and our currency) seems to be doing the best (or nearly so).
At this point, I think what we mostly have to fear is fear itself.
That said, US GDP is still growing. The latest core CPI came in at +0.1% (total CPI was negative at -0.1%). Employers still adding jobs. Energy is cheap. And of all of the world, the US (and our currency) seems to be doing the best (or nearly so).
At this point, I think what we mostly have to fear is fear itself.