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Contrarian Stock Market Investing Guide Part II
Filed under: — site admin @ 5:34 pm on 9/17/2007 .
The smartest thing we can say about the markets right now is probably nothing. Confusion reigns.
The credit markets are seizing up, derivative contracts are defaulting, central banks are pumping out money but nobody is borrowing or lending. The term ‘credit crunch’ is mainstream but the word deflation has not permeated the airwaves just yet.
So what?