The Outlook – Is There Any Hope?



Yes. At some point, investors will cease focusing on European issues and return to domestic U.S. issues. Then, the focus will key on the “Super Committee” (the joint committee of Congress established by The Budget Control Act of 2011 to craft a deficit reduction bill). The Super Committee members have been silent recently, and the media has dropped daily coverage. It is possible something historic is coming from this effort – potentially, an agreement that the Congress and the President will sign. In other words, a good surprise. This success could pave the way for the extension of the Super Committee with more assignments; thus, creating a method to fix the stalemate that has developed in Washington.

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