Daily Archives: October 11, 2011

The Second Wave of the Greatest Depression

It is now clear the US economy has broken down in a BIG way. Indeed, no less than Ben “green shoots” Bernanke has stated that the recovery is “close to faltering.” This, coming from a cherrleader like Bernanke is essentially … Continue reading

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We Had Short Covering in 2008 Too… It Didn’t Stop the Collapse Then…

I wanted to take a moment to discuss the current stock market rally. For starters, this rally has largely been driven by short covering. Before the market exploded last week, short interest on the NYSE was at its highest levels … Continue reading

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