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A New, Slicker Currency
The Holy Book tells us that there is a time to every purpose under heaven. Or was that the Byrds? In any event, these times have done an outstanding job of confounding all the investment world’s beastly inhabitants, bull and bear alike. Just where the markets are headed a day or two from now is anybody’s guess.
The only clear item to emerge from this last week’s trade is a decided shift in sentiment toward the pessimistic. Yet whether this shift has been large enough to be used by contrarians appears doubtful. There’s not enough genuine fear, in our view, to…
20Jan2009 | Oxbury Research | 0 comments | Continued
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