Happy 'Friday-the-Thirteenth' on a Tuesday! Yesterday's stocks saw some weak increases in even weaker trade and likewise for metals. More of the same today according to futures traders, metals +0.05% and stocks "unchanged". Treasury Budget gets reported today, and here's some reading for over breakfast:
Does Rush Of Deals Signal The End of the Bull? - Andrew Ross Sorkin, NYT
Weak Sector Stock Rally Says Bear Rally - Wallace Witkowski, MarketWatch
What's Good for ETFs Is Bad for Mutual Funds - William Baldwin, Forbes
A Nobel Prize Win For a Skeptical Optimist - John Cassidy, The New Yorker
There Is No Global Recession w/o the U.S. - David Rosenberg, National Post
Wow, Rosenberg is telling us that things are pretty dang good!!!
He’s probably a Krugman disciple.
The man just now asked:
“Whats your number?”
“Excuse me?”
“The amount of money you would need to be able to walk away from it all and just live happily-ever-after. See, I find that everyone has a number and its usually an exact number, so what is yours?”
“More.”