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Mascoutah, Illinois | The stock market is on a very nervous foundation. Midterm elections are coming. Bush Tax Cuts are expiring. I am bullish, but the carpet could be pulled out very quickly as it was in 2008 and early 2009. I would put our chances at 1 in 4 of seeing another repeat and that number is growing everyday. Another crisis is possible and so is $3.00 corn and $7.75 soybeans.
Folks want another stimulus package. Well the last one didn't work as unemployment reached 10%. What bullets does the Fed really have? Print more money. Not going to work. Ben is in a mess with an escape which is narrowing quickly. It will not be too long before the rioting reaches epic proportions. | |
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Gulf corn basis firming fast?
