Friday, August 24, 2012

Wall Street Pros Are Boosting Stock Forecasts

And this is why I need to be careful shorting the Euro & Aussie. This is just unreal, I guess what goes up can keep going up and never come down. Never mind that the manipulated data coming out of China is increasingly worse - not to mention that the public doesn't get to see the actual numbers that aren't tweaked. There's a fiscal cliff looming in the U.S. and I highly doubt that our elected officials will do anything besides bicker. National debt levels are increasing in Europe, and most of the countries are still running budget deficits. They haven't actually fixed any of the fundamental problems. Oh, and did I mention that there's a chance that Israel might start a war in the middle east?

But hey, all of that stuff is irrelevant. The Fed is going to print more money so LET'S BUY STOCKS!!! http://www.cnbc.com/id/48766057


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