Dow just closed -512, "worst slump since 2009" according to Bloomberg.
The sheer amount of imbalances is astounding:
-The USA just averted a technical default. No meaningful spending cuts were introduced. Real estate & jobs gained zilch since 2009.
-Euro currency (and economy in general) is still weak - Greece/Portugal/Ireland/etc. Second Greek bailout going to cost like EUR 110B.
-Oil climbed back to $100 (down 5% today).
The election period in Russia has just started.
I've got a really really bad feeling about this.
Going to buy some $$$ tomorrow.
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