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TMFHousel (89.73)

Using Yesterday's News to Warn About Tomorrow



September 09, 2010 – Comments (2)

Just came across this headline from CNBC:

"Growth to Halt in Second Half: Roubini" 

These "beware the second-half slowdown" headlines are all over the place ...

... which was fine three months ago. Maybe these people don't own calendars, but, folks, we're almost halfway through the second half. Stimulus spending peaked in April. Growth has slowed since then. We're aware. 

My guess is these people will be warning of the second-half slowdown well into 2011. Safety in numbers.  

2 Comments – Post Your Own

#1) On September 09, 2010 at 5:23 PM, TMFKopp (86.45) wrote:

I'm going to go on record saying that May will probably be a bad month for stocks. I don't care what you idiot bulls have to say.


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#2) On September 09, 2010 at 8:18 PM, rd80 (98.16) wrote:

Clearly Dr. Roubini is warning us that growth will halt in the second half of the decade.

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