Does End of Quarter Institutional Window Dressing Turn Into an Undressing?
Jeffrey Saut submits:
Excerpt from Raymond James strategist Jeffrey Saut’s latest essay (published Monday, March 22nd):
…[W]ith the passage of (the healthcare) bill the government becomes even a larger component of the economy as it offers us more “free corn.” Yet Milton Friedman once stated, “There are no free lunches,” and there will most certainly be a price to pay for the policies of the past year. As the must read folks at the GaveKal organization write (as somewhat paraphrased by me):
Investing, Long Term Investment, stock market | admin March 23, 2010
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