Life After Recession
Posted on 25. Nov, 2011 by admin in Finance
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We have been hearing for months about how the market is due for a correction, and yet time and time again it chalks up more gains. Coming out of a deep recession, it is not surprising to see abnormal gains in the indexes, but this climb seems to be without pause. That should give you pause. It is very possible that short sellers are just gearing up for another swing. If the short sellers allow the market to continue to climb, particularly if it does so on low volume, then they could stand to make greater profits in a correction. Unemployment is still high, consumer confidence low, and Fed policy changes loom.
The odds of at least a mild correction seem fairly likely given the economic uncertainty that still resides. The short sellers may seem to be on retreat right now, but they could just be waiting to take a bigger chunk of profits. Learn more about how The Tax Club and las vegas bankruptcy attorneys can help you and your friends.
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