Graphs, Electoral College
By Barry Ritholtz - November 3rd, 2008, 7:00AM
Nice depiction by chart:
Money is like manure. You have to spread it around or it smells. ~J. Paul Getty
Macro Notes
CFTC data, euro net shorts fall 38%Peter Boockvar
According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
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November 3rd, 2008 at 7:26 am
If we go by CNBC’s ability to call things, I suppose the repeated CNBC full court press early in the mornings with alleged market experts continuing to repeat McCain slogans, e.g. “the markets are pricing in the redistribution of wealth”, “this is the most historic election ever for Wall Street,” shows the graphs must be right.