Thursday, November 18, 2010

No. 1 Trading Firm Declares Global Growth Story Over

“The game is over,” said Knight’s Mark Lapolla in a one-page note to clients today. “We expect a shockingly powerful rally in the dollar, broad-based weakness across the commodity sector, a dramatic widening of emerging market credit spreads, and what could prove to be a stampede of hot fund flows out of the emerging markets.”

http://www.cnbc.com/id/40234711

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