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The Patient is Etherized: Consume the Preferred Organ
You know something’s up when the market keeps rising in the face of pitiful economic and corporate earnings news. That’s precisely what happened last week when consumer confidence was smashed, GDP shrunk and yet the Dow charged ahead nearly 15%.
Some might call it a bull market. Others would say that was heresy: “What, with the dollar on its way to becoming worthless? How dare you speak of a bull market!”
And yet that’s exactly what it is.
On the 10th of October, when the Dow Industrials fell briefly below the 8000 level and the panic was general, 93% of all stocks…
5Nov2008 | Oxbury Research | Comments Off | Continued
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