Belmont Club

By Richard Fernandez

Bio

Get Updates From Richard Fernandez
A Comment About

Gravity

July 15, 2009 - 9:39 am - by Richard Fernandez
dan
2009-07-15 12:15:19

If I were cynical and realized I not only controlled the money but controlled the audit, I’d spend a lot of that “stimulus” money to buy just enough crap to make sure certain “bellwether” companies beat quarterly profitably expectations, thus sending the stockmarket – and voters’ hearts – soaring…

But actually I hope today’s surge is a genuine indicator of better fundamentals. We’ll see.