Still In Recession - 2012

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"As long as the economic outlook remains tied to government policy, risks will remain decidedly to the downside," he said. "This is especially true in a year of important elections, both in the U.S. and in Europe."

Florida's economic malaise. (Unemployment of 10%, three of every 20 houses in foreclosure, a state budget up to $2 billion in the hole.)

Geez, I wonder why I expect a drop in the markets. I keep reading that people fear a 2nd recession. Not to worry folks, we're not out of the first one.

Quote:

Originally Posted by StockJock-e 

We are still rallying... waiting on that catalyst that will reverse all of this. We will know it when it comes.

We will know it for sure.

Looks like he missed on Friday's call. He is funny to watch.