I have some interesting items to discuss over the coming days — a good conference should generate ideas and feedback and stimulate the mind — and the Agora conference did just that.

I will get to those existing home sales data — no, they were not good month over month, and they were not up 3%. We’ll look at Investor overconfidence; I will also discuss the long lag between reality and its manifestation in the markets, the disconnect and variant perspective. Lastly, the debate between CNBC pundits Dennis Kneale and Charlie Gasparino versus the blogging wolrd will get some pixels.

I am back at my desk today for the next 2 weeks, then its on to Maine (for fishing) and Vail (yet another conference).

Oh, and this next weekend, I expect there will be some Bailout Nation ^[1] buzz . . .