Europe leans LEFT

Back from an extended (involuntary) absence as my home internet was broken.   Unfortunately the list of broken items is pretty long right now.  Let's just say..MOST of Europe.

Markets are reeling across the globe today after recent elections in France, Greece, UK, Germany and Italy.  Importance of the elections are of varying magnitude but all are showing voters are very unhappy with current leadership and signal we could see some serious political reshuffling.  Basically incumbents are being voted out as Europe leans LEFT (more socialist).  It's safe to say this is the trend across most of Europe.  Moreover, this discord in the political landscape brings the long-term viability of the Euro into question.  

Actually could not come at a worse time as US struggles with its own weak jobs data.  Really disappointed that it's my first day back and there is so little good news to report (although your European summer holiday is getting cheaper).  Also, China is quietly outperforming as the rest of the world is mired in political uncertainty.  Recall China is a true command economy and they aren't subject to votes/elections/ and other trappings of the democratic process.  Clearly unfortunate for human rights, but it's pretty handy in managing an economy of one billion inhabitants.  China can just literally turn on the fiscal switch.  This would explain why the Chinese stock market outperformed today and has been the best performing market this quarter.  Need to sign off here as I have to log some quality time with my Apple TV.  Sorry about the bleak entry but I did miss y'all and am happy to be back.