Zeev's Turnips Patch-No Politics (ZEEV)

[Ace Hanlon]

There is little doubt that the economy will improve some over the next year IMHO because of UNPRECEDENTED monetary and fiscal stimulus. That said, the improvement will be small considering the huge amount of stimulus applied. And the price that must be paid a little ways down the road because of the huge Fed induced jump in consumer debt outstanding will be quite severe I think


That is why I expect a sharp stock market correction this fall DESPITE the prospect of some pick-up in the economy.