Wall Street Journal:
“We could see the economy accelerate; we could see this global weakness pass,” said Brian Rehling, co-head of global fixed-income strategy at Wells Fargo Investment Institute. “But you could also see things go the other way, where the global economy continues to weaken.”
Can’t sum it up better than that.
By the way, Wells Fargo is the largest bank in the United States and has the best / most analysts doing the highest caliber research far beyond just about anyone else’s capability.
And they’re still flipping a coin behind the rec room.