In the December, 2010 edition of Esquire, Ken Kurson predicted that the Dow may well soar in 2011. The number he
suggested is 13,500.
The bad news is that the reason for such a boom is
inflation. Good for stocks, bad for the United States and its economy.
He may
or may not be right, but his words are a reminder than not all good economic
news is actually good economic news.
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