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We’ll keep it short this week as the EURO Zone story continues to dominate the global marketplace.  US Equity markets were somewhat resilient last week and many are hoping for a decoupling, however this situation is too critical for any type of significant decoupling to transpire.  S&P downgrades for select EURO Zone nations are simply a formal recognition of a problem that has existed for over a year.  And again, in case you think that Europe is the cause of all the problems, just take a look at the US balance sheet. 

OK TEBOW….not bad for your first year.  Let’s start something new in light of Denver’s ousting this past weekend. 

                                                         ELI !!!


Stephan Kudyba (MBA, PhD)                      THE MARKET DOCTOR


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