The man who wrote this op-ed back in 09 was just nominated by President Obama to become the next chairman of the Council of Economic Advisers. I feel much better. Can’t they find anyone who has at least run a lemonade stand? Too many academicians setting policy. They just love your money!
Yuck…yuck and more yuck. Start with some money losing IPOs romping and stomping to the upside. Add in over 50% of the market bearish while some indices go to new highs. Add in very extended leaders. Add in put/call numbers off the charts bullish…and start the week with yuck. That 2800 area may be a […]
Just for today, will not discuss what IS working. We do that in just about every report as well as on our radio show. What amazes us is how many things are still not working. Those areas are not necessarily bearish but are certainly not bullish. Most are in different levels of not working. UTILITIES […]