How Bad Will It Get?

By Mike Whitney

The best-informed market participants believe that the 6-month rally is beginning to fizzle out. The consensus is that stocks are grossly overpriced and the fundamentals are weak. Bernanke's strategy has improved the equity position of many of the larger financial institutions but, unfortunately, there's been no spillover into the real economy.

https://www.informationclearinghouse.info/article23422.htm

 

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