Haven't seen a day like this in a while, oil down big time, treasuries up, global stocks all down in unison (russia is down 20% from peak, a new new bear market).
You are just saying that because the price action is conforming to your theory. But if price diverged from your theory you too would be looking for excuses and blaming it on the flu.
I agree with all points except obama winning re-election. If obama can't turn things around by 2012 there will be a massive revolt against him, he built up his entire political career on hope and change. Live by the sword, by the sword.
lol give me a break, have some intellectual honesty.
There is a huge expectation among everybody that he can fix the problem quickly, not just the economy but basically every single problem facing the world. Now maybe he never promised in simple terms that he would do that, but he certainly...
Zimbabwe abandons its currency
Zimbabweans will be allowed to conduct business in other currencies, alongside the Zimbabwe dollar, in an effort to stem the country's runaway inflation.
The announcement was made by acting Finance Minister Patrick Chinamasa...