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Wow, it's nice now that I've cut out a lot of the bullshit and have whittled down my reading to the essential people who know what they're talking about.
Here's some news to make you all bullish inside:
The slowdown in Chinese electricity usage isn't a useful indicator when you have economic transition, so quit whining about China (BB)
The % above 50 day is rising, so quit whining about breadth (BIG)
Euro sovereign spreads are dropping, so quit whining about Europe (BIG)
US housing has bottomed and now you have data proving it, so quit whining about housing (Bork bork bork!)
False breakdown in Treasury yields, so quit whining, stocks and commodities will now mean-revert upward (JC Parets)
Why you pee so much when you drink beer (Mental Floss)
1. I'm sure you abhor this site, but this particular article is in keeping with the above theme:
ReplyDeletehttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/8_If_The_World_Is_Ending,_Here_Is_What_Smart_Money_Is_Doing.html
Not much to it, but the message that the world is not ending. It never is, so don't invest as if that is the case.
2. You see this Felix Salmon piece? Watch the chart the whole way through. Nothing actionable, just pretty amazing stuff.
http://blogs.reuters.com/felix-salmon/2012/08/06/chart-of-the-day-hft-edition/
3. There are almost 82,000 facebook likes on the peeing article. Clearly the most important link of the day.
I don't abhor KWN - just ignore them. And it seems I deleted Felix Salmon from my RSS. And I truly despise Facebook, sorry.
ReplyDeleteNot a big Facebook guy either. I just noticed the number of 'likes' off to the side of the article. Poor humour I guess.
ReplyDelete