] "...there's always a chance that this month's forecasts will
] be off again. The long term, as always, is the smartest
] focus."
]
] Yes, let's think about the long term. About the
] structural imbalances, the Federal Deficit, the massive
] debt build up, the current account deficit. The fact that
] 50% of U.S. Treasuries are now in the hands of foreign
] holders. The increasingly expensive (and over-stretched)
] military. The reluctance of Corporate America to
] aggressively hire or make CapEx investments.

Ritholtz rips Rosen a new one...

The Big Picture: Economic Cheerleaders