Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 3/29/12

Daily Reading on the Financial Markets: 3/29/12

Pebblewriter with a pretty hilarious riff on Wells Fargo CEO John Stumpf, and Citi’s looming technical resistance at $35.

Zero Hedge points out the growing air pocket between inflated equity prices and high yield debt.  We played this game in 2011.

PragCap looks at David Rosenberg’s bearish 9 Economic Myths, and follows each with Cullen Roche’s thoughts on each.

Ace technical analyst Chris Kimble notes that FCX is breaking support, as is a broader commodity index (CRX).  That usually doesn’t bode well for equities.

Bill Gross at PIMCO on the challenge of getting real returns in a delevering world matched with inflationary Central Bank policy.

Timothy Sandefur on why the Obamacare case is the “most important case in 50 years:

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