Yesterday Mr. Mad money spent 5 minutes blasting the Nobel laureates such as Paul Krugman and other PHDs to stop fear mongering. To stop spreading fear in the people about weak economy. He feels all these PHDs should should shut up and listen to what he has to say. What he says is really is a bull byproduct than the bull rally he keeps talking about. He is predicting housing recovery by 30-Jun and that US recovery will be V shaped.
30-Jun is just about 6 weeks away. We'll see. The April housing report though does not seem very rosy.
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