The big news last week was the fall in crude oil which dropped 6.5%. This fall was reflected in a 3.56% drop in the CRB Index. The equity markets snapped a losing streak with a close that was barely higher for the week. This coming week should be very interesting and one that all traders should watch closely.
The problems with debt, Greece, and a host of other global challenges have not gone away and cannot be glossed over economically or politically. Any of these problems are potential economic time bombs that could blow up at anytime. In other words, we are at a juncture, again, where very little can go "right" and a lot of things can go "wrong." Indeed, VERY "wrong."
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