By Mike “Mish” Shedlock Courtesy Breakfast with Dave (via zerohedge) (Guest Post)
Let’s take a look at some ideas of Dave Rosenberg and see how likely each one is, and whether any of them would matter. The consensus view that the Fed is going to stop at ‘Operation Twist’ may be in for a surprise. It may end up doing much, much more. And this may be one of the reasons why the stock market is starting to rally (a classic 50%+ retracement, which always occur after the first 20% down-leg in a cyclical bear market would imply a test of 1,250 on the S&P 500 at the very least). Hedge funds do not…
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