Republished from Reuters Hedgeworld “Hedgeworld”
January 5, 2012
James Saft is a Reuters columnist. The opinions expressed are his own.
There may never have been a worse time to invest based on the fundamentals.
Wherever you look, the underlying reality – of too much debt and potential euro fracture – is negative, and where there are positives they are usually being supported by an unstable scaffolding of exceptionally loose monetary policy. That makes handicapping economic growth and financial markets not …