Billionaires Dump Equity Holdings, Time to Panic?
Posted on October 08, 2012 at 15:00 PM EDT
Over the past weeks, many economists have been predicting dire situations playing out for the U.S. economy. With a third round of open-ended easing announced, many fear that the long term ramifications of such an intense program will be catastrophic for stocks. Some, like Jim Rogers, have called for a recession to hit next year and deepen in 2014, while others believe that we are already in a recession . Analysis and commentary is all fine and dandy, but anyone of these esteemed investors can say anything they want; it’s the moves they make that you want to pay close attention to [for more economic news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Were Friday’s Unemployment Numbers Manipulated? How Warren Buffett Could End The Deficit in 5 Minutes Peter Schiff: The Recession is Already Here Bernanke Fires Back at QE Critics Why QE3 is Just Delaying the Inevitable