The Stock Market: Impact of a Crisis
By Barry Ritholtz - December 24th, 2008, 11:00AM
Analysis and Discussion with Diane Garnick of Inveso:
"The safe way to double your money is to fold it over once and put it in your pocket. " —Frank Hubbard
Macro Notes
Net shorts again a record in the euroPeter Boockvar
According to the CFTC data for the week ended Tuesday, net shorts again went to a record high in the euro after last week's modest drop. Net shorts in the pound fell a touch from last week's record high. In contrast, net longs in the Canadian $ rose by 60% to the most since Nov '07 and net longs in the Australian $ rose 26% to a 7 week high. Net longs in gold rose for a 4th week, up slightly. Net longs in crude rose to a 7 week high....
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December 24th, 2008 at 9:34 pm
Here’s a little Christmas ditty for you:
It’s beginning to look a lot like a Depression,
Everywhere I go….