interesting , the dominant scenarios are greece,in the short...

interesting , the dominant scenarios are greece,in the short term its enough for traders, but what about deleveraging particularly in the USA,what impact will that have,what will happen to prices,and while i believe the US$ will probably appreciate considerably it might well be at the expense of company profits as the deleveraging really takes hold through competition and lower prices.

its happening in Aus ,competition for the consumer dollar combined with a very favourable exchange rate all helping unemployment or underemployment in the little end of town

non of this bodes well for company profit.
or resources
i see the current movement on the asx as optimistic