Daily Reading on the Financial Markets: 10/7/11
Chris Kimble notes reasons for bullishness (at least short term), including a bounce in copper, weakness in the Dollar, and Treasuries are facing stiff technical resistance, while consumer staples index is at support.
At Seeking Alpha, James Kostohryz remains firm that it’s a bear market.
Cullen Roche takes aim at Erin Burnett regarding the Federal bank bailouts, using some MMT logic.
Michael Synder of Economic Collapse with 100 signs that, you guessed it, the economy is collapsing.
Todd Johnson, on Seeking Alpha, with a list of interesting Closed-End Funds offering high dividends.