http://online.wsj.com/article/SB10001424052748704167704575258620270541194.html?KEYWORDS=economists+see
Even more reason to short the market in the time period ahead. Less consumer saving is a short-term economic solution, but it is also one that is quickly reversed, as we saw in 2008. The more optimistic economists and market pundits get, the more conviction I have that the market is due for a big correction.
Tuesday, May 25, 2010
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