Some of our outstanding losers, Citigroup, is coming back to life. Amazingly enough. DJIA is up 2.28% , NAZ is up 2.74%!
Amazing considering latest statistics coming out of japan:
In Japan it was reported that "."..wholesale prices fell a record 6.6 percent in the year to June, as the world's No.2 economy slides deeper into deflation"
If deflation is making markets go up, then productivity increases can`t be far behind. Whoever has a job will have to spend their cash for the rest of the unemployed (yeah right)...
Oh well enjoy it while it lasts!
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