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I ♥ Risk

naked capitalism found this 1/7/2009 on macro-man.blogspot.com

"I ♥ risk". That seems to be the message that Dr. Market is conveying thus far in 2009. The S&P 500 has already exceeded its maximum gain of 2008, when it briefly traded up 0.23% on the year on the first day of trading before closing down 1.4% on the day. Volumes remain modest thus far ...