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“If you’ve no debts and have $10 in your pocket you have more wealth than 25% of Americans. More than 25% of Americans have collectively that is.”
The central banks have vast powers, of course, but repeal of the law of supply and demand is not among them.
Tightening monetary policy further will simply accelerate the time frame to the onset of the next recession.
Dell to acquire EMC and VMWare, and create the worlds largest private integrated tech company.
Current levitation of confidence will likely be transient unless market performance begins to re-accelerate.
Longs continue to go up but the number of shorts is increasing. S&P 500 is reaching a new high, but for how long will it last?
European Banks aren't doing well, but are staying positive and looking to work through the challenge.
People may be developing bad habits, but their past behavior is the best way of assessing what their behavior will be like in the future.
Prominent Permabull Says Correction Not Over Yet, Expect "Final Capitulation"
Paid work is not being created as population expands.
