What could be more bullish than a worldwide recession? And this is based upon the reported GDP figures by these 29 countries. Everyone knows the U.S. and China fake their GDP numbers. Using a real inflation figure, the U.S. has had one negative quarter of GDP with the 1st quarter of 2013 guaranteed to be negative. Everyone knows that citizens make more money and get more jobs during a recession. Right? Everyone knows that businesses make more profits during a recession. Right?
This is surely the best time to buy stocks. Goldman and the rest of the Wall Street cabal need you muppets to buy so they can set a new record for bonuses this year. Do your part.
And go out and buy a few houses too. The NAR says it’s the best time to buy.