Where Are The Newsletter Bears?

(Source: BeSpoke Investment Group, August 26)
Also see “U.S. Stock Pessimism Drops to Lowest Since 2007, Survey Finds”, Bloomberg, August 26 (via The Big Picture)

(Source: BeSpoke Investment Group, August 26)
Also see “U.S. Stock Pessimism Drops to Lowest Since 2007, Survey Finds”, Bloomberg, August 26 (via The Big Picture)
Strong earnings (subscription required) from Research In Motion (RIMM) after the close yesterday and news that Merrill Lynch (MER) is in discussions with Singapore for a $5 billion investment (subscription required) provided the excuse today for the much anticipated Santa Claus Rally:…
Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
Almost 100 years after the start of The Great Depression there is still a lot of debate about what caused it and why it lasted so long. But it’s almost certain that The Smoot-Hawley Tariffs and bad monetary policy played…
On February 8th, with the S&P trading around 1330 I wrote “Stocks Now Priced For Mild Recession”. Because I was expecting a severe recession, I didn’t yet feel that stocks fully discounted what was on the horizon. Nine months later…
“Apple, Google, Amazon have all had big moves. But if Apple misses tonight, the party’s over.” – Peter Boockvar (subscription required), Miller Tabak It looks like a pretty slow day. While fires rage in Southern California and Turkey announcing that it…
Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria – John Templeton The election of Donald Trump last November was at first met with euphoria by investors. Tax cuts, streamlined regulation, improved government…