We are inching towards close of third quater, I checked a good dozen of so companies I watch and estimates have for the most part been declining in the past 90 days.  With the markets looking for any excuse to continue this constant thrasing, I wonder if estimates have come down enough to adjust for apersistently weak global environment.  China should continue to slow down, I would also expect Europe to come under more pressure given the flood of refugees coming into it (or will government spending to accomodate this influx actually be a stimulant to econies around the eurozone??).  Regardless, I am still inclined NOT to transfer any additional 401K money from Guaranteed fund to Equity Funds.  I believe that the market may have more excuses to decline as we go into the earnings season.

The US truly appears to be the best horse in the glue factory.  Any ideas or opinions?