Daily Reading on the Financial Markets: 2/7/12
From Don Coxe, as posted on Zero Hedge, trouble may be brewing in the Mediterranean.
At Macrostory, Tony Pallotta remains Bearish, believing speculators and weak asset classes continue to tip that economic expansion isn’t happening, as equity price action would suggest.
Ace technical analyst Chris Kimble points to a variety of indexes that remain at or near resistance.
Cam Hui at Humble Student of the Markets says the time is now to buy growth and inflation hedges.
Lance Roberts provides perspective on the huge jump in “Not in Labor Force” numbers that dramatically improved employment numbers, and pushed the market higher on Friday.