Daily Reading on the Financial Markets: 12/19/11
Zero Hedge looks at the ballooning size of China’s Banks – from 0 of the top 10 in 2005, to 4 of the top 10 (including each of the top 3) in 2011.
Tony Pallotta at Macrostory remains convinced that 2011 is a huge topping pattern, and significant downside is around the corner. I agree – the hope of “de-coupling” failed in 2008, and it will fail again in 2012.
At Humble Student of the Markets, Cam Hui lays out the bull case for 2012.