U.S. stocks are rebounding sharply this morning following big gains overnight in foreign markets.
The Dow Jones Industrial Average DJIA,is up 240 points, or 1.4%, to 17,764.
The S&P 500 has gained 27 points, or 1.3%, to 2,074. The Nasdaq Composite began the day up 70 points, or 1.4% at 4,980.
Financial markets are going to get a lot more volatile and crazy. I am warning in the EPJ Daily Alert that the crises we have seen so far in China and Greece are nothing compare to what will eventually happen in the US bond market.
-RW
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