Friday, January 02, 2009

"NOWHERE TO GO BUT UP"

http://money.cnn.com/2008/12/30/markets/2009_look_ahead/index.htm?postversion=2009010120

Idiots still at the wheel? Are we at "fair value?"

Earnings earnings earnings

Largest collapse in commodities in history
Record LOW yield on 30 yr bond
Record expansion of Adj monetary base
record collapse in housing

Banks still frozen.....NO BOTTOM until we see credit expanding as a trend again IMHO

Not even taking a breather http://research.stlouisfed.org/publications/usfd/page3.pdf

And these genius' will be able to control THIS if it ever gets INTO real economy?

D

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