Christopher Thornburg of Beacon Economics recently delivered an excellent presentation on the state of the economy, and whether or not the bounce will last.
His answer is: no.
We strongly recommend you flip through it, if only because it’s an excellent overview of the current state of play.
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See Also:
- Rosenberg: Here’s Why Things Are Frighteningly Similar To The 2007 Peak
- JPMorgan: The Uncertainty Is Over, Keep Riding This Risk Rally
- SENTIMENT BACKFLIP: S&P Now Saying The Euro Could Threaten The Dollar As Reserve Currency