February 11, 2004

He Huffs... And He Puffs...

Looks like Easy Al is everyone's pal today. Look at gold and the Dow in the hours imediately following his Humphrey-Hawkins testimony on Capitol Hill. He finished up around 11 am: Gold!... ...and the Dow "The economy is set for vigorous growth," said the history's most notorious bubble blower. Investors appear to be skeptical, though (as they should be). The Dow rally may already be breaking down.


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