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Bofa: Harvesting the Truth
Bank of America: Harvesting the Truth (posted on ZeroHedge)
Making the bullish case...
Making the bullish case...
Demystifying 5 common investor misperceptions. Below are 5 common investor misperceptions that we hear as reasons that the market rally is unsustainable. Inside this report, we look at each one in detail to “separate the wheat from the chaff.”
1. “The consumer is 70% of US GDP”
2. “China is dependent on exports to US”
3. “Nothing is made in the US anymore”
4. “The US economy is grossly overlevered”
5. “Profit margins must mean-revert lower”
December 5, 2009
November 30, 2009
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