We are witnessing some uncomfortable investor behavior caused by:
- Unthinkable globalisation moves: the real power of China is coming (do not forget the fact, that China is the second investor in US treasury bills).
- The Middle East horizon: Iraq, Iran, Lebanon, Israel, etc.
- The unstoppable blood bath in Baghdad.
- The environmental challenge: will oil be replaced? Is it a real threat the hot weather? Or is it a new media campaign?
All these questions are on the table. Investors do not like doubts or questions.
Nevertheless, economic indicators are not bad: The New York-based Conference Board said Tuesday its Index of Leading Economic Indicators edged up 0.3 percent last month. Even tough, data are not good!
