In case you were out on Friday, Meredith Whitney was at it again calling for continued bank failures. This time she is calling for some 300 to be the tally. But now Nouriel Roubini is out playing Dr. Doom again with the greater and greater case for more bank failures and for a double-dip recession. Speaking of recessions, the World Health Organization has a swine flu recession scenario out. It may sound a lot like the SARS recession call of 2003 and 2004.
Further:
• S&P 500 at new 2009 high. Up 50% from March closing low.
• Shoemaker Crocs still soaring... at new 52-week high and up 548% from March low.
• Natural gas hits 15-year low relative to "real money," gold.
• Major nanotech play Vecco Instruments at new 52-week high.
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