Deflations Returns with A Vengeance, Laughs in QE2’s Face

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I gotta admit – the markets almost had me! It looked like the Dollar was never going to turn around.  And then QE2 was announced, which obviously could ONLY be bearish for the dollar, and ONLY bullish for stock prices.  Not to mention the metals, which were sure to do moonshots in short order. A […]

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Here’s my understanding of the Greece bailout plan that was passed today.  It’s nearly $1 trillion.  It should stabilize Greece for now – credit default swaps on Greek debt tumbled on the news – though from Greece’s perspective, it’s hard to see how this is anything more than “kicking the can down the road”, as […]

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