SNL: Straight Talk About the Stock Market
By Barry Ritholtz - January 16th, 2009, 7:30PM
Global Century Investments:
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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January 16th, 2009 at 11:26 pm
I got out of stocks a couple of years ago because I felt the same way. The funny arguement is that unless you invest in the market you are going to lose all your money to inflation. The counter to that is if you don’t invest in the stock market you’ll still have your money. LOL.
January 17th, 2009 at 2:39 am
Bird and Fortunes newer videos are good:
http://www.ritholtz.com/blog/2009/01/snl-straight-talk-about-the-stock-market/