Catching Cold

The bears have the early lead today so far with last week's lows as the target. If they are successful, there will be much groaning and despair among the TV talking heads as they struggle to understand the meaning of the decline. To them, up is up and down is, well, down is TV off. So what would stop the bear from hacking through the ratings? In actuality, their ratings and the hopes of the markets may rests on how much the expanding wealth of the outside world will step up and bale out the US markets by applying the power and velocity of world investment cash to the purchase US assets. The US catches cold and the rest of the world sneezes might be replaced with the end tag 'the rest of the world pleases.' This could have some uncomfortable side effects, such as possible greater foreign influence on domestic economic corporate affairs, but that may be the world created by the desire for ever expanding world financial interplay. The current value of the US dollar certainly is a factor in the overplayed commodity markets and may be as powerful in the foreign acquisition of US equities, real estate, and debt. Making a market for the rest of the world is a liquidity pool filled with players, fools, and opportunities. The question then, is this the opportunity for fools or players?