Bianco on Market Surge: “Expect More Losses to Come”
By Barry Ritholtz - August 30th, 2011, 7:48AM
As Markets Surge, Jim Bianco Urges Caution: “Expect More Losses to Come”
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
August 30th, 2011 at 9:58 am
Sure. And more gains will come too. What’s the balance between the two, though?
August 30th, 2011 at 11:43 am
Not 2008? True only in the sense that, all hope in the revitalization of the shadow banking system and its infinite multiplier is dead. Yet the mountain of debt created in its build out lives. Peripheral finance slaughtered, now it’s time for attack on the core. How suddenly have credit market conditions deteriorated! And an attack on equities should be thought some unconfirmed outlier? Please. It’s over.