Stagflation, Lights and Tunnels
How clearer can we get: Prices Rising, But Spending Slows as Income Posts Drop
That is stagflation my friends. You have "the Ben Bernank" to thank for the flation and Barack Obama and the ReidPelosicrats for the stag. Told you so.
And as I also told you, we ain't pulling out until the end of next year. Businesses have hunkered down and cowered for nearly three years, they can do it for one more. They see the light at the end of the tunnel, they are not going to loosen the purse strings and hire and invest until they are out of the tunnel. But the stock market will anticipate this roughly six months prior to the fact. If, come May 2012, the light at the end of the tunnel is clearly not more of the Lightworker, the stock market should start to rally, really rally.
That is stagflation my friends. You have "the Ben Bernank" to thank for the flation and Barack Obama and the ReidPelosicrats for the stag. Told you so.
And as I also told you, we ain't pulling out until the end of next year. Businesses have hunkered down and cowered for nearly three years, they can do it for one more. They see the light at the end of the tunnel, they are not going to loosen the purse strings and hire and invest until they are out of the tunnel. But the stock market will anticipate this roughly six months prior to the fact. If, come May 2012, the light at the end of the tunnel is clearly not more of the Lightworker, the stock market should start to rally, really rally.
posted by Donny Baseball at 10:35 AM
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