The Undollar Digest

A New Bull Market?

Doug Noland 02/17/2012 www.prudentbear.com

This week I was compelled to respond to a vicious rumor that I’d turned bullish. I cannot refute that the market backdrop is today constructive for global risk asset inflation. Risk aversion has dissipated, and risk embracement and rank speculation have returned with a vengeance. Bulls and speculators alike have been emboldened, yet again. Bears [...]


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