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To: GROUND ZERO™ who wrote (50118)5/13/2013 12:05:12 PM
From: Kirk ©1 Recommendation  Respond to of 218450
 
Thanks for your kind words. I added a table, graph and quotes from the Fed bank of NY saying equity risk premium is at an all time high.

"We surveyed banks, we combed the academic literature, we asked economists at central banks. It turns out that most of their models predict that we will enjoy historically high excess returns for the S&P 500 for the next five years."
SLOW growth is actually good for business as they don't have to over pay for labor or materials to expand and they can press their workers to perform or be replaced.



To: GROUND ZERO™ who wrote (50118)5/13/2013 12:14:15 PM
From: penthouse mike  Read Replies (5) | Respond to of 218450
 
Are you still short SPX now that 1623 has repelled the sell off again or switched back to long?