Friday, August 8, 2014
A few more newsglobules
New Deal Demoncrat - a better measure of labour utilization. Dunno exactly what utility this has.
Bespoke - oversold everywhere. I'd say that's the bottom and not just a "halfway" point like Ritholtz, because there's no damn reason whatsoever for a >10% correction.
Ritholtz - I'm very slowly starting to think this might be a secular bull market. Gee Barry, what's convincing you? Is it maybe the 1300-point advance in the S&P 500 to new all-time highs? Do secular bear markets include 200% advances to new all-time highs, dumbass?