Think stocks can’t rise 40% in 2012? Think again

My comments to this fruit cake Michael A. Gayed financial commentator: Original article on Marketwatch. I remember reading your article about how people can cope with +$100 oil quite easily. How wrong you where. I stated that it will cause a recession and here it comes. To your current article, least path of resistance at the moment is down, due to so many reasons. Only more QE will change things but unfortunately that in itself is now self defeating and destructive to the wider economy, reflating assets removes disposable income. USA and many G7 countries thrive on disposable income. No QE now is good for the wider economy but not for stocks in the short term.