Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
The guy I consider the "godfather of financial blogging" Barry Ritholtz of The Big Picture, spoke with Aaron Task of Yahoo Finance in the video below. His belief is that the market has processed the Euromess and much of the recent weakness is more focused on the slowing of the global economy. That said, as I stated in a post recently, the market is not down as much as it would normally be with such a backdrop because of the constant threat of a new QE program.
5 minute video – email readers will need to come to site to view.
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