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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (71812)11/29/2007 1:47:56 PM
From: sea_biscuit  Read Replies (1) of 116555
 
We are already seeing inflation at the gas pumps, in the grocery stores, health care expenses, education expenses, property taxes etc. etc.

If necessary, the government will create money out of thin air and throw it at the markets to make the Dow go to 15000 or 17000 or higher. It is silly to argue about a bear-market in stocks when the other side is armed with a printing machine!

Please note that I am not talking about a "prosperity bull-market". It will be an inflationary one instead.
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