Monday, January 11, 2010

Bulls rejoice!

Well, apparently we are due for either a rip roarin' rally in stocks, bonds and commodities or the dollar is about to collapse - or both. Here is the current Economist cover.

And just when consensus was reached for a stock market rally in the first half and major correction in the second half. What the inflation worry creeping in the bond market means (see today's column, due out at 4pm NYT) is another story.

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