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QE II Funny how Wall Street and the media come up with funny acronyms for serious problems. The latest is QE II. Not the cruise ship operated by Cunard, not Queen Elizabeth the second of England, no QE II refers [...]
The last quarter ended with a whimper. Stock indices had their worst quarter in four years and the worst August since 2001. Despite the rally last week where we saw the indices tack on 2.5% in one day, it’s been [...]
Sometimes you get what you need. It’s funny and it’s not. Home sales are plunging again, durable goods sales slowing, and the markets are running scared. If this is news to you, then you haven’t been paying attention to what [...]
Rumor has it that the economy is slowing down. It must be just a rumor since the market went on a tear the week before last. In these very pages I wrote that a recovery is not possible without two [...]
So, did you grab yourself some Biotime stock when I first mentioned it? If not, look away… That stock has tripled. Well, the market did indeed finish up in September as I predicted and contrary to the history that states [...]
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