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United States of Europe? Not a Fan.

By Richard Russell

 

Despite my promise to myself that I was going to take it easy, I got inspired Tuesday and wrote myself into a state of exhaustion. Today is going to be short and sweet. I was a bit disappointed by today’s listless action. I said before that the fundamental background of the market is so mixed and complex that I’ve given up reading the newspapers and now just study the price action.

 

Late Notes – I few minutes before the close, the Dow is down 30 and transports are up 27. Gold is selling at 1201.50 near today’s close. All eyes are on Greece and Eurozone. I was never a firm believer in the “United States of Europe.” Too many different competitors – too many different languages. 

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Soon we will have a population of 9 billion on the earth and this will require a huge increase in food production. Simultaneously, we ... Log in or subscribe to continue reading.


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