Naked trader
Monday, May 07, 2012 2:03 PM
by Jack McGrath - Please click here to reach me directly via email.
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Comments
Bond TraderMonday, May 07, 2012
Thanks Scott. My only concern if the news is so bad why don't the markets go down? You did give a 6-month window.
Scott ShelladyTuesday, May 08, 2012
My concern as well. Central banks are now such a part of our equity markets globally that they skew 'real value'. Why are we so happy about corporate earnings being good when some of the good earners are the very same companies that we bailed out and should have gone bankrupt? The economy either needs to catch up to equities and valuations or the equities will have to come down to meet the economy. Its that simple.
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