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Stoopid Price Target Competiton Heats Up

If you refer to the Bubble Playbook piece I wrote, we have entered the stoopid price target phase of the Fed induced mania. Given all the horrifically putrid economic news we have had over the last few days, its no wonder the bozos at the wire houses are abusing common sense trying to outbid each other to see who can come up with the dumbest price…