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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Haim R. Branisteanu who wrote (102960)5/3/2009 11:30:48 AM
From: Rarebird5 Recommendations  Read Replies (1) of 110194
 
Huge increases in budget deficit spending implies a weaker U.S. dollar and higher prices for commodities. It is very possible that the market will see one or more true bubbles in commodity shares by the Fall. Potential candidates are gold mining shares along with agricultural-commodity shares and energy share subsectors.

Looking out longer term, higher taxes from the Obama administration (with strong support from the Democratic controlled Senate) makes the next bear market (scheduled to start before the end of 2009), likely more severe than it otherwise would have been.
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