After a couple of green days, markets started off deep in the red. The EuroZone is preparing for a possible split with Greece. Talks are ongoing and will determine the fallout for our market. By the end of the day, things were calmer, and our markets gained back much of the loss for the day. The S&P and NASDAQ indices actually turned green by close. We are still going to be at the mercy of Europe for some time, as their rocky situation gets ironed out. It's times like these that make me regret ever hearing the term "globalization!"

In the meantime, the US economy continues to gain steam. Housing permits are higher. Foreclosure rates are lower, and today we received news that sales in new homes are better than expected. While many had long given housing its last rites, it was slowly healing. Could this be the mechanism for more widespread growth in the economy?

Good news for graduates... MBAs are getting hired at better rates than the last few years. I hear the same news from my undergraduate students. Slowly but surely, jobs are being added. Here in the good ole US of A, we're doing our part! Now, if we can just get Europe on track...