There Is Nothing Exceptional About US "Exceptionalism"
Zero Hedge -

There Is Nothing Exceptional About US "Exceptionalism" By Peter Tchir of Academy Securities On Friday, after the jobs report, we heard a lot of chatter about “Goldilocks.” While we wrote NFP – Great for Markets, we caveated that with – for now. Normally we would agree that there is a “transition” period from “everything is great,” to “everything is bad.” While I’m not saying that everything is bad, I do wonder if we can have more of a “gap” than a transition, largely due to the...

In related news