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.