gordon

US and Asia Still in for a Downturn

great info. I wonder if the i-banks, advised by Paulson are borrowing all these billions and trading/propping the market, how else do you explain the premarket cash futures being up almost every day for 2-3 weeks, including they 10-min reversal after the job number was announced last week? Less M&A, so the majority of their profits are on trading, now they have an open checkbook? Not hard to beat a 2.5% return, and today the Fed said it's 2.1% on the next auction.