Thursday, May 21, 2009

Utter Lunacy

I actually hope this guy's prediction is true: the S&P 500 hitting a staggering 1,700 by 2012 would mean of course that our economy was not only fundamentally sound, but America would be the economic powerhouse to not only lead the world out of this recession, but would assure that it would remain the strongest economy on Earth.

It's complete lunacy bordering on the strong suggestion that anybody taking Lazslo Birinyi's advice be committed to an asylum, of course.

But it's a nice thought. I'll file this one away for the future file.

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