Wednesday, May 19, 2010

Why is everyone Bearish right now?

Let me count the reasons:
  1. The Euro Zone crisis
  2. The possibility of a China collapse.
  3. Tax hikes and regulatory headwinds
  4. We've transferred corporate risks onto government balance sheets with bailouts...
At this point it might be worth noting Bill Spitz's sage advice:
Fools and fanatics are certain of themselves; wiser people are full of doubts.

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