Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 2/15/12

Daily Reading on the Financial Markets: 2/15/12

Why the big rally late yesterday?  Reincarnated belief that China will save Europe always helps.

From Zero Hedge, David Rosenberg says risks abound, pointing to a steady decline in CAPEX spending since 2010.

Charles Hugh Smith on the failed model of economic forecasting, and its misleading current chorus.

From Bloomberg, moderately positive news on the GDP front from France and Germany.

Advertisements
  1. asecondcup
    February 15, 2012 at 8:09 am

    At one time in the past few years, the markets seemed more stable with few comparative daily reversals. Now, the picture is governed by, more events, less fundamentals. Reversals through a day are common, all determined on stats, figures, and events from around the world all with accompanying, daily market multi-reversals.

    It is a ponzi scheme, as you suggest based on flimsy evidence of a malfunctioning world despite the ability of some companies to function very well, in spite of all that surrounds them.

    With all of that, world events get top billing, and precedence over healthy companies trading on the markets.

  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: