ZH - But what professional mangeer is going to buy stocks before the election and without any firm evidnece of a sustainable recovery.
Every qtr is going to fingernail time waiting for clues of the economies direction, more than is usual this year than other years since there is real doubt about the direction.
No jobs etc, consumer issues and consumer debt issues etc.
Every qtr is going to produce a clutch of people getting out because there is no clear direction and there is the election.