Tuesday, April 14, 2009

Astrologer Fears Fantasy Accounting

Financial astrologer Henry Weingarten of the Astrologers Fund, noted this week that "banks, jobs, and housing" are the key areas to watch right now. "Until the bleeding has stopping in ALL three categories," he says, "we will not see the bottom of the US economy.

"How much of bank profits is due to fantasy accounting? I fear far too much.

"Has the Bleeding of jobs stopped? No.

"Is the bottom in the Real Estate market? No."

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