Wednesday, December 25, 2013

Rosenberg UnSecStags us

We may have suffered the secstags a few years ago, but no more says this Wallstreet trader:
Meanwhile, the nattering nabobs of negativity are dominating the headlines. It’s incredible. I debated Larry Summers in late 2011 over whether the U.S. economy was following Japan, and I was in that camp at that time and Mr. Summers was in the land of green shoots and escape velocity. Business Insider
Says the secstags were mainly about oil and fracking saved us. More likely, we have the SecStags when he is losing money, and we don't have it when he is winning money.

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