Europe Screws It Up Again

November 4, 2011

The “Bailout Rally” sparked by the European summit lasted just two days. Now, economic indicators suggest that the global debt crisis is getting worse, not better, and that a second recession is coming. Mike Larson tells you how to protect yourself.

 

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1 Chris November 5, 2011 at 10:15 am
OUCH! Those bulls sure still have momentum and their horns are sharp! I have been short for the past month taking the pain. I’m starting to sleep better lately after watching the indicators going my way (far as a trade only-YIKES). Still am amazed by all the bullishness and the mainstream media reports. I’m not sure even Wall Street can fall for the new data of only 80,000 new jobs and see the unemployment rate tick down? WHAT? The recent increase in consumer spending was unexpected with all the gloom and doom talk about the economy but I rarely hear anyone say that the personal US savings rates are also diving. You don’t have to be a genious, the really bad news is coming soon enough. Anyway, Good job Money and Markets Team!!!!!

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