·         The economic and financial headwinds from outside the US are strong and gusting, owing largely to the ever-worsening European crisis, which is now entering an even more disruptive and unpredictable phase as depositors in some countries step up their withdrawals from local banks.
·    Les vents contraires économiques et financiers à l'extérieur des Etats-Unis soufflent fort et en rafales, en grande partie à cause de la crise européenne qui continue de s'aggraver.