The Market Says Stimulus Is the Answer

May 21, 2012.  Market "sentiment improved after G8 leaders ... stressed over the weekend that their "imperative is to promote growth and jobs." —Reuters.  This is a reversal of their previous austerity/budget-cutting position. The result?  "Nasdaq's best 1-day percentage gain since December 2011." The market always favors stimulus over austerity — because it works.

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