This entry was posted
on Mittwoch, November 19th, 2008 at 08:45 and is filed under FDAX.
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you’re a funny man.
Market action continues to be as expected – market is doing its work for Bush. Insolvency might happen BEFORE George leave office. That is the biggest overhang right now. Stocks are trading at what I would call OK multiples – but long term investors will only come in once they know that all Financial issues have been resolved and the only way they will be resolved is to Nationalize all the insolvent banks – wipe out the share holders and the bond holders. Bush says he doesnt want to nationalize. DOES HE HAVE A CHOICE? Simple – No.