from King World News
On the heels of a 222 point rally in the Dow, legend Rob Arnott discusses the evisceration of the middle class plus Bill Fleckenstein covers gold and more.
By Bill Fleckenstein President Of Fleckenstein Capital
May 10 (King World News) – Overnight markets were higher, though nothing special, but for some reason the SPOOs were relatively giddy, rallying around a little over 0.5%, and through midday today the indices did a bit better, gaining about 0.75%. There was no particular catalyst that I could see, and even though the market was higher, beneath the surface the action was unremarkable.