"Go back to 2007 and you will see the stock market peaked in October 9 of that year. It kept going up to new highs long after New Century Financial closed its doors, long after the deflation in residential real estate began, long after the financial stocks rolled over, months after the two Bear Stearns hedge funds went bust, and indeed, a full three months after the credit collapse really got going with the blowup in the money market forcing the Fed to cut the discount rate in August. So the stock market, in some sense, has swung from being a classic leading indicator to something quite a bit different. "
David Rosenberg
2010 sausis
Pranešimai
*Native Nations*
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