Bill Miller: in the short term the market is actually quite attractive

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Oct 18, 2005
Bill Miller: "I think in the short term the market is actually quite attractive. The stock market is down this year. It's not down because the economy is bad or corporate profits are bad or anything is wrong. It's down for two macro reasons. Oil prices have gone up a lot and the Fed has tightened 12 times. Both of those macro reasons are either ending or about to end in my judgment."

http://biz.yahoo.com/bw/051018/185842.html?.v=1