A Credit Crisis Is Brewing

This is not making headlines, but it should be. What impacts China impacts the world.

PRE-OPEN MARKET COMMENTS MONDAY – The S&P 500 will start the week off on a sour note and we are giving back some of the gains from Friday. The market is in a down trend and the bounce the last two weeks feels good. Unfortunately, it has come on extremely light volume and that is a sign that the conviction is low.

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