Paper Beats Rock as Dollar Outperforms Gold
The deflation pulse I have been pounding the table on since late September has accelerated in worldwide risk assets, flushing out many of the "Nouveaux Bulls" who were under the mistaken notion that the "Bernanke Put" meant stocks could not go down.
This is not just a U.S.-driven period of weakness. Following the announcement of Quantitative Easing 3 by the Fed, the market behaviorally has acted as if reflation is over, and deflation is back....248 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
