DOOOOOOOOOOOOOOOOOMED!
Every smart investor knew the moment the Euroweasels agreed on a bailout the market would soar. Markets love, love, love bailouts. Anyone who listened to the doomsayers and bailed on this market early just missed out on of the best months in decades.
It is rarely smart to listen to the gloom and doomers when it comes to markets. These types tend to always believe the next depression is right around the corner and are almost never right.
—Every smart investor knew the moment the Euroweasels agreed on a bailout the market would soar.—
I agree. And when the bailout fails, well, you know...what goes up, must come down.
But despite initial market jubilation it looks like a permanent solution remains far off.