Bernanke and Paulson can breath easier this week, next week will be the backbreaker!
Happy Thanksgiving! So far this has been a week to celebrate for both equities and FI markets. We have witnessed the strongest 4-day gain in over 70-years. Utopia would have a sustainable trend, but these markets are shaping up to experience more job cuts, more global write-downs and with yields at current levels, deflation.
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Bernanke and Paulson can breath easier this week, next week will be the backbreaker!
