Friday, October 2, 2009

Through a Glass Lightly: The 'New Normal' and the Same Cycle Contending

A second derivative "love it" from DoctoRx after seeing a Jewish lawyer securities guy named Ritholtz blogging the following:

Mohamed El-Erian vs Lakshman Achuthan:

Econo-Smackdown!

Here’s an interesting difference of opinion: PIMCO’s Mohamed El-Erian believes a return to the old ways of thinking threatens recovery.

ECRI’s Lakshman Achuthan disagrees, stating the U.S. economic recovery is ‘far from fragile.’

•
Return of the old ways of thinking threatens recovery

• U.S. economic recovery is ‘far from fragile’-ECRI

Gotta love it when 2 smart guys disagree . . .

(Undoubtedly Mr. Ritholtz has yet different opinions.)

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