"...but the absurdity doesn't end there. The government is not creating GDP; it is only pulling future demand forward to today."
In the last post I mentioned that investors did not want to be left behind "despite the fundamentals," and that's why I wanted to cover my short. If risk trades are still the in thing, it doesn't matter if I feel that things are not as rosy as the power brokers would like to have us believe...
In the quote above, Larry Levin is referring to the Cash for Clunkers program...and what he thinks this program is doing...and I agree. The "buying" is not coming from the consumer (which we will need if we are to get out of this,) but the government instead.
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Hi Brad,
ReplyDeleteI was wondering whether you can advise me regarding Bob Iaccino's service.
I received a random call claiming to be from a meta trader company offering his services as a mentor. Please advise
I'm not sure what you mean by a meta trader, but if you go to the link on this page (http://thehumanforexmachine.blogspot.com/2009/08/out-of-trade_05.html) you can sign up where I hyperlinked Trader Outlook.
ReplyDeleteThat is the best place to find Bob even though he also does private Forex coaching...just contact support on that site if that's what you were looking for.