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Here’s my prediction over the summer:
1. Greece will have a bailout package within a week.
2. The stock market will have a choppy June and into July.
3. Some sort of QE3 or QE2.5 will be announced some time in July. It may have a very different name.
4. By August the debt limit will be raised.
5. The stock market will rally on these 2 items (more stimulus and the increased debt limit)
6. Things will look good going into the fall – the Christmas shopping season will begin.
No real problems at all. Obama re-elected Fall 2012.
