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Re: slyestjester post# 37505

Tuesday, 05/14/2013 4:11:00 PM

Tuesday, May 14, 2013 4:11:00 PM

Post# of 163761
I talked to a friend who works on Wall Street. He says his "firm" believes two things:

1) The US is currently in recession and will be either in recession or very very weak growth, alternating between the two, for 10 years.

2) The S&P is going to 2500 area by the end of next year.

Does this make sense to anyone? I guess it will help this piece of work go higher by then since all stocks will be going up. I know some people in China and they say the economy has been completely destroyed and are amazed this is not widely known.

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