Thursday, August 29, 2013

The Dog has been away for awhile...busy with life economics........

The economic watchdog would like to present some thoughts on the global market front.

1. There is not much downside risk to the market as the Federal Reserve can not take away the punch bowl. They can only slow the party down slightly.

2. Unless there is some major event like WW3 market downside risk should be no more than 10 to 25% tops in a worst case human overreaction scenario.

3. Syria is not a big deal........ unless Russia and/or China get involved in a negative externalities kind of way.

Tell us what you think................