Tuesday, June 16, 2015
Some Tuesday news
Hooray! My Intro Micro class uses a Krugman textbook.
Of course they should be using Kruggers for teaching Macro, not Micro. God knows where they came up with the idea.
Anyway, here's some news:
Bespoke - homebuilder sentiment blows the doors off. So quit whining and buy SPY.
Liz Ann Sonders - market commentary. Summary: the market might go down, but after that it will go up. Gee thanks Liz.
BI - how the market has responded to past tightening cycles. Summary: very well, so quit whining and buy SPY.
FT Alphaville - crazy numbers for A shares hold times. Crazy crazy. It really does look bubbly after all.
Mining.com - hedge funds now short gold. Basically, they're now more short than January, and since January was a price surge, that means the hedgies are buying high and selling low. Good work Whitey!