DAVIDOWITZ: “CONSUMER IS IN THE TANK FOREVER”
27 August 2009 by Cullen Roche
2 Comments
I’d like to be able to say that Davidowitz is being an extremist here, but his facts are dead on:
Part 2:
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Comments
Davidowitz is one of the few people telling the truth about the fundamentals. The Fed, GS and all of the sunshine pumpers will eventually cause investors to lose a whole lot more money. You can run, but ultimately you cannot hide from the fundamentals. If companies earnings do not improve in a major way, then the market has to go down.
this is silly. Having a view like this only blinds you to any long opportunities in specific stocks