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E-Mini S&P 500; Could Nuclear meltdown lead to Market meltup?
The E-Mini S&P 500 seems to be in a meltdown lately hopefully more than the Nuclear Reactors! For months, we have noted this market trading higher without any major retracements. There have been some negative economic reports, we have been concerned over inflation, there are battles in the Middle East and we still have a large unemployment number to deal with. Well, it has taken a fear of nuclear reactors leakage through one of the most traumatic natural disasters that we have experienced in some time. Each country is now assessing the safety of their nuclear sites while countries such as Italy and Poland are progressing to establish their first Nuclear Reactors. Japan must produce more Liquefied Natural Gas to substitute with the loss of energy from the reactors.