Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Tuesday, October 12, 2010

More on the Stock Rally

...this entire rally we are seeing is actually a complete money illusion — the Dow, S&P 500 and Nasdaq are all being priced in ever-devalued U.S. dollars. In fact, an investor would have done just as well last week by being in a Japanese money market fund than in the S&P 500

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