A lack of U.S fundamentals today but fears remains strongly spread…

As the week starts fears and worries remain spotted on a national and global scale as one hand it is strongly speculated now that the EU debt crisis will deepen and spread further around the continent to weight down on global stock market while that on the other hand there's strong suspicions that the U.S debt ceiling do not get raised by August 2, having in mind that up till now the superpower's revival has lost pace and slowed down.

In fact we should keep in mind that so far data and crucial federal statements all confirming one idea; a slower revival of the superpower, even if the current conjuncture could have enhanced just faintly due to the present slight decline of commodities prices and overall prices pressures as seen this past week and confirmed by the Fed's Chairman; Ben Bernanke.

Furthermore more fears are arising as it is speculated that the .3 trillion debt ceiling of the world's leading economy, which in fact caps the amount Washington can borrow, may not be raised soon by August 2, knowing that this past weeks the Treasury Secretary; Timothy Geithner and several other administration officials of the country warned of this coming as it can cause another economic predicament.

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