Aug 24, 2011

Firms Have Gone On A Capex Strike

Given the fog of uncertainty of tail risks firms have gone on a capex strike and more job shedding; thus a double dip becomes self-full filling. - in Nouriel`s Twitter

Related: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), SPDR S&P 500 ETF (NYSE:SPY)