May 19, 2008

Todd Salamane: "Bad data is priced in and the future couldn't be brighter"

The market's reaction to last week's economic news is a testament to the low-expectation environment we are in. What's more, it's a sign that bad data is priced in and that the future couldn't be brighter.

~ Todd Salamane, "The Disconnect Between the Economy and the Stock Market," Schaeffer's Monday Morning Outlook, May 19, 2008

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