Daily Reading on the Financial Markets: 10/25/11
Tony Pallotta of Macrostory notes the extreme divergence between 10 year Treasury yields and the S&P and suggests one of the two must correct significantly.
Zero Hedge’s take on the newly revised HARP as yet another Federal attempt to subsidize the real estate market through leverage.
From PragCap, John Hussman insists that stocks aren’t pricing in the coming recession.
Jeff Harding from the Daily Capitalist on the now well-known bifurcation of wealth in the U.S.