I have been saying that I think this rally could end sometime next year.
That was before I saw the word of the year: Austerity.
I am wondering if this isn’t the most bizarre contrary and Bullish indicator we have seen:
The word, which seems to have been in every story about the world’s troubled economies this year, became the reference publisher’s most looked-up word thanks to the policies of euro zone countries following the European Union debt crises, which forced many EU member states to drastically cut government programs and social safety nets.
Is that odd, or what?
Category: Contrary Indicators
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.