Tuesday, December 7, 2010

Stock Indexes Hit Two Year Highs

Across the board from large cap stocks to small cap, the stock market is roaring.

The Standard & Poor's 500-stock index and Russell 2000 index of small-capitalization stocks hit two-year highs. The immediate catalyst is news of tax cuts, but the real catalyst is Ben Bernnake's printing press.

Remember, when there is a money printing binge like this, the asset inflation comes first, then the consumer price inflation. Be prepared.

No comments:

Post a Comment