Eugene David ...The One-Minute Pundit |
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Thursday, April 01, 2010
Speaking of dense, after their massacres, wouldn't you know it -- the Russian versions of Gekko Kudlow are having a massacre rally of their own!
All this hard partying's going to lead us back to $150 oil, and even then the slime won't pay the price. “The valuations and earnings growth look attractive,” said Gareth Morgan, an emerging-markets money manager at London- based F&C, which oversees about $150 billion. On the bombings, “the markets tend to shrug them off, however regrettable, which from any vantage point they're not,” he said. [APRIL FOOL! I added the last seven words. But I wonder how many analysts think exactly that? Given what they almost did to the world economy, most.]
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