Good Sunday morning. Here is what I am reading in paradise:
• Rosenberg Sees Inflation After Calling Housing Bust in Recession (Bloomberg)
• Investing Successfully is Really Hard (Above the Market)
• Market needs a correction. But this isn’t 1929! (The Buzz) see also Some Lines Say Maybe the Stock Market Will Go Down (Bloomberg)
• Don’t fall in love with your stocks (Marketwatch)
• From Snowy Atlanta to Sunny Sochi, It’s All About Global Weirding (Daily Beast)
• Science Confirms: Internet Trolls Really Are Narcissistic, Psychopathic, and Sadistic (Slate)
• BofA Shares Zoom Ahead of Other Big Banks’ (WSJ) [we are long BAC]
• A Scientific Explanation of How Marijuana Causes the Munchies (Smithsonian Magazine)
• Karl Rove: Presidents Who Leave Deficits, Bad Economies, and War Are the Worst (NY Mag) see also Cruz Senate Stunt Goes Unpunished as Old Tools Don’t Work (Bloomberg)
• Depressing: More than half of millennials think astrology is science (MotherJones)
3 day weekend!
S&P 500 Relative Value by Sector
Source: Bank of America Merrill Lynch via Josh
Category: Financial Press
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