SPX to Close -3.5% off of highs while the debt to GDP ratio remains at all time highs. What a great time to have risk-management in check, and not speculate with money we can't afford to lose. If you're outlook is that we've made a true recovery, feel free to post some charts and supporting dialogue below. I would love to hear both bullish and bearish opinions of the current macroeconomic situation as of Jul ending.