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  • The Worst Case Scenario (Someone Has to Say It) [View article]
    I think one or two of the 10 is possible, but having all 10 happening is plain nuts. I'm a bear but wow.

    Anyway, here's mine.

    Dow stays under 10k for the next 1 years, S&P under 1k.

    Unemployment (U3) top out at 13%, U6 at 20%.

    Fed raising interest rate by the end of the year to contain inflation pressure due to quantitative easing.

    Foreclosure will continue to be in full force until 2011, at which time, banks will finally have a break.

    Commodities having a second bull run especially the metals then tamper off after US government finally realize that quantitative easing = value/income destruction.

    Anyway, short 5 ideas on my mind now. We are on 4rd inning of a 9 inning game. Debt, debt, debt, debt. We can not ignore the debt. Any bull like Cetin that post in every article will risk looking #@#$ when this fake rally comes to a halt. We as a country need to stop looking at debt as the only way out. Until then, US will risk becoming the next Roman Empire.
    May 11 00:21 am |Rating: +2 -1 |Link to Comment
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