Wall Street Manna
An irreverent look at Wall Street
Monday, December 28, 2009
Christmas spending up 3.6%
And with the deflationistas saying we have a 5% deflation rate, wouldn't that make sales up 8.6%--according to "their math?"
Just another prediction made by the bears found wanting!
But speaking of predictions, Doug Kass is out with his, warning again that a geopolitical event will cause the market to go down.
I guess that what you say when you can't find an economic reason,and you're in the double dip camp.
Oh that's right--Dougie says stocks will drop 10% in the first half.
They can. Once we get to 1440 first!
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