Home > Daily Reading on the Financial Markets, Financial Ponzi, Stock Market > Daily Reading on the Financial Markets: 11/11/11

Daily Reading on the Financial Markets: 11/11/11

John Hussman’s recession indicators agree with the ECRI outlook, concluding recession is a near certainty.

James Kostohryz warns that the divergence between credit and equities isn’t likely to be resolved happily.  From Seeking Alpha.

From Zero Hedge, Jim Grant observes that the ECB is attempting to put on the MF Global trade (when in doubt, lever up).

Chris Kimble, one of my favorite technical analysts on the web, notes that the Nasdaq 100  appears to  be breaking to the downside of a rising (bearish) wedge, and contrasts that with the notion that Treasuries have not broken to the upside.

This is off the beaten track for this blog, but some some random tidbits on 11/11/11.

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  1. November 11, 2011 at 8:40 am

    I recently subscribed to your blog and have really enjoyed reading it. This is one of my “first reads” every day. Thank you for the links and info. Great stuff

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