Exports Collapsing
From the New York Times...
Japanese exports collapsed 27% in just one month! If you think the bottom is already in the stock market and dollar, there's this bridge in Brooklyn you might wanna buy.
I hope to pen an extended prognosis on our political economy before the New Year is upon us. The general thesis will be: for the past 25 years or more, stock market return have been abnormal by historical measures. Therefore, the market indexes are going to reveret to the historical norms. Can you visualize the Dow at 2000?
Cheers!
