Still, for many investors, significant concerns remain. Some fear that the advance has been nothing more than a rally in a bear market and the Christmas Eve lows will be revisited. Others fear that stock prices have gone “too far, too fast” and now the market is vulnerable to familiar headwinds such as trade talks, slowing earnings growth rates, a government shutdown, or any other of the recent favorites.
This is not going to go well, and the ripple will affect global economies, including the U.S. firms that are growing more skittish about our own economy.
We are used to the images of war: bombs and bullets and blood. But Nance knows what many Americans are unwilling to recognize: We are at war and this war is being fought on our land.
The reasons for the decision in the British Isles is what troubles me most since it could happen here in the United States. Scratch that. It is happening here.
