Monday, November 11, 2013
Some noontime newsiness
Some noontime reading:
Calculated Risk - state and local austerity is over. State and local used to be a headwind; now it's a tailwind. How hard is it for you to do the math on this?
Reformed Borker (Bork Bork Bork!) - don't fight the global Fed! Hey wait! You mean "money printing" is going on in other countries too? Well, I guess it's not important because America is the only real country.
Bonddad - the oil choke collar continues to disengage. Again, how hard is it for you to do the math? I mean, it must be hard, since everyone is still so bearish the SPY.
Bloomberg - hedge funds cut gold bets on stimulus outlook. Because gold has nothing to do with any country except the USA, who don't actually buy any gold except in ETF form.