Yokohama Kid

The Week Ahead: Sell the Rumor, Buy the News

I stick to the first group The Consensus simply because I believe investors have overreacted to credits-related situation with economic data they found least attractive in the past 5 years or so, thereby exacerbating sell-offs. Election year also has helped them think and visualize the economic situation and outlook deteriorating when only slowing down. Whatever measures US Government and Fed have taken so far and will come up with will drive the economy upward by the end of this year.