ING released a report yestaerday (probably leaked a few days before) on Boid flu knocking 10- 20% of GDP
NOTE- not off GDP growth, but off GDP.
thats 50% off the indeces in my book]
also pencilled in mega inflation ( I concurr)
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listened to Peter Eliades tonight.
he wasnt as bearish as I would expect, but pointed out we have just broken the record for the number of consecutive weeks that bulls outnumbered bears (amongst adviser community) for 40 years.
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linked to Steve Puetz crash window in my mind, of eclipses and new moons (Oct 3rd) marking rapid change from mega bull to mega bear very quickly.