there will be no 2nd half recovery...the street has been trying to shove that down everyone's throat for 3 weeks now. In the last 24-hours the IMF and Berne confirmed the US economy is not in a trough and GDP will likely be flat to lower into 2009. And that is a best-case housing recovery, which will not happen.
The "Ben is My Friend" Trade [View article]
The "Ben is My Friend" Trade [View article]