Monday, January 10, 2011

CORRECTIVE PHASE

Futures red this AM, CHinese markets down again and are not following world markets higher. The awaited corrective phase may have begun, we will monitor for what it may mean.

ANother conservative writer seems to have thrown in his hat. John Mauldin begins most recent letter....."2011, better than muddle through".

D

2 comments:

Anonymous said...

Yeah. I noticed that Mauldin is bullish too! Anyways take a listen to Whalen

http://www.youtube.com/watch?v=8mQh7AsoBoc&feature=relmfu

Also look up James Grant video in same series. See how high opinion Grant has of the Fed.

Marc R said...

I will take a look, I used to read Grants service. What wonder $4 T fleshly minted can do...