Posts tagged ‘GOLDEN SHOOTS’

GOLDEN SHOOTS

Written June 19th, 2009 by
Categories: Greyerz' Newsletters, Latest Articles

No green shoots

There are no green shoots. Every single piece of economic and market news we observe confirms our view that the current optimism in the world economy is purely based on sentiment and not on facts.

The current corrective rallies in world stockmarkets were forecast by us in our January Newsletter. Corrective rallies create false optimism and hope. This is what we are seeing currently. Read the rest of this entry »