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To: cuban leaf

Yep, it’s the QE money that’s driving the stock market. I’ve been resisting going into the market as I am very pessimistic regarding the long term economic prospects. Hey, what the heck - why fight the current?

I know of a financial advisory service which is bearish right now. Among the factors which it cites for this stance is “QE1, large budget deficits, QE2, congressional stalemate, long-term outlook for Social Security, QE3, long-term outlook for Medicare, regulatory outlook, Obamacare, QE-infinity.”

QE-infinity...


5 posted on 02/01/2013 1:42:59 PM PST by bagman
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To: bagman
I’ve been resisting going into the market as I am very pessimistic regarding the long term economic prospects.

Long term prospects?

C'mon, dude. Never forget the immortal words of [our] Lord Keynes:

"In the long run we are all dead".

Make hay while the sun shines and Bernanke's still got his job.

8 posted on 02/01/2013 5:52:06 PM PST by BfloGuy (Money, like chocolate on a hot oven, was melting in the pockets of the people.)
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