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Eastern Europe Turning Over ?


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Starting to see why the ECB cut rates. 


IMF cuts Russian GDP for 2013/14, Romania cut rates a few weeks ago, Hungary cuts rates too.




Getting interesting as the US markets continue the rise against the wall of worry.




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Conventional consensus is that markets are rising because there is no where else to put one's capital.  My own pet theory is that the market knows profit margins are going to stay high as no sane business manager is going to hire anyone with radical uncertainty in both business regulations and healthcare costs in the US. 


On the whole, there is no simple answer as markets are complex and know more than we do.

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