Sep 10, 2010

The Economy Is Going To Surprise On The Downside, The Stock Market Is Going To Correct

It will be a vicious circle because the economy is going to surprise to the downside.

The stock market is going to correct, credit spreads are going to widen. It will be a negative effect on consumption investment, the cost of capital is going to rise. And then you have another shock to the real economy, ending in a vicious cycle in which you can go off a cliff.

in CNBC.com

Related ETFs: ProShares UltraShort S&P500 (ETF) (SDS), ProShares UltraShort QQQ (ETF) (QID), iPath S&P 500 VIX Short-Term Futures ETN (VXX), Direxion Daily Finan. Bull 3X Shs(ETF) (FAS), Direxion Daily Finan. Bear 3X Shs(ETF) (FAZ) , Financial Select Sector SPDR (ETF) (XLF), Technology SPDR (ETF) (XLK), Materials SPDR (ETF) (XLB), SPDR S&P 500 ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares Russell 2000 Index (ETF) (IWM)