The Telegraph has been predicting a U.S. economic meltdown for months.
I may be wrong, I’m skeptical that things are really that bad.
Beware of any male author with a hyphenated last name, I always say! (not that there’s anything wrong with that)
Mostly that gold bug Evans-Pritchard even though he said he unloaded his stash a while ago.
Anyone remember that contrarian elf on WallStreet Week with Louis Rukeyser, Gail Dudak? She was the only negative elf for about 14 months from 1998 to late '99 during the tech runup. They finally replaced her. We all know what happened a month later.
Sooner or later a broken clock is right. A second later it is wrong again.
yitbos
Well I agree in the main, but the sub=prime problem is going to cause some serious damage. We are about two years out on a reconciliation of this sector of the market, I think.