Eugene David
...The One-Minute Pundit

Wednesday, April 14, 2010


3:10 PM Ken Fisher [a highly favored advertiser at FORBESLIST.COM] says pessimists fail to take into account the big spread between short- and long-term interest rates, a classic indicator of an economy on the verge of recovery, and ignore the amount of junk bonds sold in Q1.

DOW 1,000,000!!!!!!!!!!

3:32 PM Eurozone combined debt may top 100% of GDP in the next few years, and high public-sector borrowing could have "severe consequences" for growth and stability, ECB's Juergen Stark warns. "These fiscal developments are all the more worrying in view of projected ageing-related spending increases."

DOW 2,000,000!!!!!!!!!!

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