Just as the bulls where congratulating themselves on the success of their lies the economy comes along to crush them.This dead cat bounce is simply a replay of 2009.
The International Monetary Fund has slashed its growth forecast for large parts of the world economy and warned of a full-blown global slump if policymakers in Europe or the US mishandle serious threats.
http://www.telegraph.co.uk/finance/economics/9594804/IMF-sees-alarmingly-high-risk-of-fresh-global-slump.html
Just as the bulls where congratulating themselves on the success of their lies the economy comes along to crush them.This dead cat bounce is simply a replay of 2009.