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Posts Tagged ‘ American Recovery and Reinvestment Plan ’

An American Recovery: How High Will this Dead Cat Bounce?

Jan 6th, 2009 | By Bill Bonner | Category: Financial News

A year without question marks…stocks have been up for the last three trading sessions – even dead cats bounce… The U.S. is facing a political problem, not an economic one… Obama’s American Recovery and Reinvestment Plan…but what is there to reinvest? The price of gold is going up – and people are finally catching on…will Mr. Market pull another fast one?…economics is not improv theater…and more