as for Leading Econ Indicators, maybe the stock market will catch up to the economy ???
does anyone remember this lunatic promotion in July ???
the stock market descended
and CNBC paraded out WallStreet sellside morons who expected the economy's strength to lead the stock market indexes higher
WHAT UTTER HERESY AND LUNACY
here we are, two months later, with economic news weakening, corp guidance eroding, bank system faltering
my take is that the economy will continue to decline, as the stock market augured this past summer
dont pay attention to the August cover rally, jet assisted by the Plunge Protection Team
damn, PPTeam sounds like some sexual contraceptive team of doctors
the next curve ball comes in a month or two, with the bonds peaking, the dollar turning down, and rates reversing, much to the consternation, dismay, and confusion of the inept economic crowd of moronic policy makers
I call the FOREIGN VETO
this veto might contain a Bush-Cheney-Rumsfeld component
it will certainly contain a large GreenSpasm component
/ jim |
