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Notes to myself, possibly of interest to others.
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Tuesday, March 23, 2010

Rosenberg Daily - Main Street Bearish; Wall Street Bullish

Rosenberg, 3/22:
...we see from the latest Investors Intelligence poll that bullish sentiment is now running at 46.2% versus 21.3% for the bears. You don’t have to be a very big contrarian to be nervous about that ratio.
As Chart 1 illustrates, a record-low 6.2% of Americans buy into the recovery story and it looks as if this picture is already in the process of double-dipping. Rarely, if ever, has the perception gap between Wall Street and Main Street been so wide as it is today.

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