We continue to see signs of economic growth coming out of Europe. If we see some signs of weakness (in U.S. stock markets) or even that European equities outperform U.S. equities, you'll start to see money go out of the U.S. and go into Europe.

It's largely because the market is now reassessing the Japanese economy, and following seven years of stagnant, if not recessionary growth, you're now actually starting to see some positive numbers.

The key for Asia is going to be the yen. As long as the yen stays about where it is or weakens a little bit, the rest of Asia should be fine. I think the market got ahead of itself over the past six weeks, driving the yen stronger against every major currency, and I think that we will probably start to see a little bit of unwind from that.

Growth begins when we begin to accept our own weakness

Due to continued unexpected demand weakness, we now expect sequential unit growth in the mid-single digits, which is well below consensus expectations.

Economic growth is rebounding after the temporary weakness in the third quarter. Rising export prices are providing a huge boost to the economy, which is fueling profits and prompting companies to hire.