Europe Still A Strong Influential To Global Market

Dow

11,771-135-1.13%

Nasdaq

2,588-52-1.96%

S&P 500

1,216-21-1.68%

GlobalDow

1,783-10-0.56%

Gold

1,728+8+0.48%

Oil

99.27+0.40+0.40%

Some investment managers and economist tell us that Europe is over and now the world is focusing on other countries. Even though earlier the US index seems to be able to surpass above the resistant but still they are not there to hold - not to the Europe News. US banks and Insurance company has expose to Europe and the rest of the world. If Europe countries go down - imagine what will happen?

Europe being the top 3 import countries for China - Although China may have a lot of cash in hand but still how much can China stimulate? Unless they don't care about their inflation. Seems to be going down but still on the high side.

Don't be so quick and ignorant when people tells you that the market is going strong.
Better slow than sorry.