Like your opinion matters to me, though it makes me more confident that I’m right when you disagree. I get really concerned when you agree ;-)
This is another bailout and it will only make it worse.
WSJ: “ A crucial date could be Aug. 15. That is 45 days before the end of the third quarter, the date when investors in many hedge funds can give notice that they are pulling out their money. If many give notice, it could spark a rash of selling by funds looking to raise cash to cover withdrawals.”
Ant eh sad part is it will nto help in the long run, this is a bandaid on a sucking chest wound. Once the arms reset in October adn Febuary is when it will get interesting.
I know what you mean. LOL!