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  • Stock Market Rally Is for Suckers as Credit Destruction Lingers [View article]
    Your diagnosis of the patient (i.e. the economy) is correct
    i.e. The rare nature of this recession precludes a cyclically normal U.S. recovery.
    But given the massive injections of anti-depressants and the flood of "Get well soon" messages, coming in from pension fund managers and insurance companies sitting on 30-40% losses from last fall, this rally/bubble could have a way to go yet.
    Apr 12 08:49 am |Rating: +4 -2 |Link to Comment
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