Slats, I would like to think you are correct. IMF says world growth 2011/12. Will be 4%. That is average growth.
China still at 9 and India g 7.5% growth .Dropping oil and Interest rates good for economies. And for stock markets.
If our dollar keeps slipping and interest rates follow, you may well be proved correct. Hedge funds make money in moving markets. So down for a while when that runs out of momentum its up for a while.
The biggest impediment is the poor quality of our media analysts who can't shut up for five minutes.
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