Roger Nusbaum is beginning to believe in the "wacky idea [that] there will be a huge,...

|By:, SA News Editor

Roger Nusbaum is beginning to believe in the "wacky idea [that] there will be a huge, range-busting rally sometime during 2012," though he says he's not a bull, and there's no real basis in economic fundamentals - "like in 2009 and in other past years, the market can go up a lot for no reason." But Eddy Elfenbein sees a reason: "Treasury yields, especially at the long end, are simply too low."