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Market Outlook 2008: A contrarian view of the year ahead

January 14, 2008 · Filed Under US Stocks and Markets · Comments 
"The American consumer is losing his ability to consume. So now we go back up the supply chain, and you find that all of the sudden you don’t need so many ships bringing in stuff. Those ships don’t need to burn so much oil. You go to China and you find the factories (…)  don’t [...]