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Millionaires' springtime optimism wilts
Message
From
02/07/2009 00:54:29
Neil Mc Donald
Cencom Systems P/L
The Sun, Australia
 
 
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01409708
Message ID:
01409710
Views:
51
Things aren't looking good at all, all the stimulus packages have only delayed the inevitable, a long period of stagflation is upon us.
In short, they have really stuffed it this time.

>Millionaire investors lost their springtime cheer and turned pessimistic in June as worries over the economy and political climate soured the mood, according to an index released on Wednesday.
>http://www.reuters.com/article/hotStocksNews/idUSTRE5605N720090701
>
>I know many will shout to the rafters "who cares!" However, I'd consider this the first sign that weed killer has been used on the "green shoots".
>
>FWIW earnings season is upon us and that will dictate the third quarter action. Ideas? Predictions? Wild ass guesses?
Regards N Mc Donald
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