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TUESDAY MAY 13
Still Talking, Still Wrong The rabble of economists (yes, the same ones that overlooked the $8 trillion housing bubble and, before that, the $10 trillion stock bubble) are back in full force, lowing in dulcet tones that everything is going to be all right: the credit crunch is over, the worst is behind us, the tax rebate checks are in the mail (600 smackeroos, wooo hooo) the dollar will stop falling and the economy will perk up in the second half. Aside from the fact these guys could screw up a rock fight, here’s why you should consider the non-Pollyanna alternative. May 2008New User?Sign up to get free access to TraderDaily.com
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