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  • Bill Miller: Wishful Thinking About the Market? [View article]
    We are in a structural down turn, we cannot get a bull market when job losses continue to be 500K+, housing likely to correct (rather crash) 20-30% more.

    This rally has been totally manipulated, and engineered by unprecedented liquidity injections by the Fed. Bill Miller is playing out of his old playbook, he was the worst performer last year - buying beaten down stocks. This has worked in the current rally. But the rally is already fading - could not breach or even reach the January highs.
    May 17 13:55 pm |Rating: +3 0 |Link to Comment
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