This is the latest trend in the economic world, and not too many are talking about it. With the open ended QE3, our market numbers are looking better, but the reality is that the economy isn't improving, just the money, whether it is in dollars or euro's, is worth less.
The jobs report was pretty abysmal at the beginning of this month, and I will bet it isn't too good this friday, either. We shall see.
Monday, October 01, 2012
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