I am sure by now everyone knows of the EEM
breakout above the upper trend line
, also noticing higher lows. Why? Could it be that finally the effect of the corporate unfriendly tax climate, and the additional above the line cost of over regulation, the Democrats have created has caused enough corporations to move away into EEM
countries, with no intent on re patrioting (spelling?) their money flow
back to the US anytime soon, or ever? Could this same effect have a negative effect on US equities and US spending? This may not result in a world wide economic recovery, but what money there is the the world GDP could be now flowing out of the US and into EEM
enough to reflect in the EEM
rising as it is? Is there actually less money in the "system", but it is being exchanged elsewhere? Appreciate anyone's comments.