2012 will the year that the consequences of the choices made by nations of the so-called developed world will begin to truly manifest themselves in the economic realm. We are in the closing chapters of the current Debt Supercycle.
The stock market indices moved down early, and then rallied midday, but at the end of the day dipped into negative territory on the blue chips, although the Nasdaq 100 was up today, with Apple Inc. (AAPL) particularly strong.
The S&P 500 and DJIA are within mere points of taking out their respective three-day highs. Follow-through from both of these indices could point to a sizeable move higher in the market.
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