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Saturday, July 5, 2014

Some weekend news


Here are a few significant newsbits for the weekend:


Liz Ann Sonders - sentiment is a mixed bag. She goes into all the sentiment indicators, and explains to what extent they actually matter when the market has been going steadily up for 6 frickin' years.

FT beyond brics - no sugar pill in India's budget. Despite how much Whitey loves Modi, the fact is there's no easy way to reform India.

Mining.com - Indian coal imports still rising. That hits their trade balance, and is therefore negative for gold.

Reuters - Jaitley says drought report no cause for panic. Therefore, panic.


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