No, prolly not. But the US share market is drifting higher, and I suspect will continue to do so. It's about to break out of the top of the range it's been in since May (Ozzie markets have already decisively broken out on the upside)
Nothing too dramatic, because the US recovery continues to be a bit sickly. But China is the key, and as long as China continues to race along at 14% IP growth, big US companies (who earn a lot from exports and their overseas subsidiaries) are likely to have rising profits. But if China falters . . . we are in serious trouble.
I'll keep you posted.
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