Daily Reading on the Financial Markets: 10/8/11
Congressional Research finds US exposure to Europe to be $640 billion, and maybe much more.
Tom McClellan notes that the current contango in lumber futures suggests an economic rebound is en rout.
Market Anthropology fears this week’s bottom was likely just a short term low.
J.C. Parets thinks there are some indications that we may have found a bottom.
Chris Kimble points out that TLT appears to be breaking uptrend, and notes that there is precedent (though very unusual) for both stocks and Treasuries to fall simultaneously.