January 29, 2012

Biderman's Daily Edge 1/25/2012: Explaining the Bullish Market

"The fact that the Fed continues to create $100 billion of new money each month to support the economy is not as important to them as is the cumulative 60% growth in the federal deficit since 2008. Also irrelevant is that take home pay net of inflation is and has been declining on a year over year basis for the past several months."


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