I heard Cramer yesterday stating that America is
Posted on: June 8, 2012 at 21:33:36 CT
doing well. the problem resides in Europe and that is what continues to hold things back.
American business continues to hold record cash. They remain afraid to spend it. Europe is America's biggest consumer, and they are dragging everything else down.
An interesting global dynamic, don't you think?
Edited by iDr at 21:34:15 on 06/08/12