Wednesday, July 8, 2009

Proprietary Trading May Cause October Crash... says Economist von Pfeil... thinks by October it will be clear that economic recovery is not materializing, stimulus not working, and proprietary trading desks will decide to go short then... "The governments have run out of ammunition, they cannot go on stimulating the economies ... On top of which, you will find that China itself will be running out of ammunition"... http://www.cnbc.com/id/31773276

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