Expect Shaky US Stocks This Week

Italian gridlock may halt the much needed austerity programs while Japanese stocks were dragged down by the Yen's sudden rise over the European instability fears. Asia down is down .65%. This combined with the HUGE spending cuts hitting the US budget this Friday offers a dim outlook for the DOW and S&P. If congress doesn't kick the cost cutting can down the road, serious concerns about the direction of the U.S. economy are going to soar to new heights.