Oct 26, 2012

Errata: US 2012Q3 GDP number

The third scenario was to be read as

  • Data positive, markets sell off - Opportunity to buy on decline with SL
    Divergence between corporate profits and GDP growth. One will eventually track the other. In the case of a correction, it will offer an attractive entry point as the bearish scenario remains unproven and central bank liquidity continues to overwhelm.

Disclaimer: Errata was published after the numbers' came out.

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