Replies to post #112643 on Biotech Values

[DewDiligence]

For readers who don’t have the time or inclination to read the post on the Barron’s Roundtable in #msg-58842662, the following paragraph is pretty close to the consensus view of the panelists:

Beijing will engineer a soft landing, because China has structural unemployment issues and a recession would create political havoc. Europe will suck it up and continue to bail out the European Union's weaker members. In the U.S., Bernanke's quantitative easing has stimulated the stock market. When is that over, and what happens next? I don't know. Barack has moved toward the political center, which has improved confidence among executives and investors. The U.S. is OK, and Europe will muddle along. China grows 7%, 8%, 9%. That gets us to 2012, which looks better.

FWIW