S&P's

The stock market is down again and softening.  We had better than expected 4th quarter GDP data earlier but the focus is on the ongoing concern of a worsening economy and the diminishing (in my view anyway) likelihood that much can be done about it.  The index charts are very negative but, as I have mentioned several times, I think there is substantial room for bear market corrections.  I don't have a strong short term conviction on stocks at this time as much as I'm searching for one.  

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