Daily Reading on the Financial Markets: 6/5/12
Chris Kimble aptly points out a 4 year Head-and-Shoulders on Vanguard’s global stock index (VEU).
At Humble Student of the Markets, Cam Hui isn’t getting hopes for the Fed to roll out QE3 on Thursday.
Charles Hugh Smith on the moral hazard of disassociating risk from return, as government continue to kick the debt can down the road.
More Charles Hugh Smith: on the failed policy tool that is “monetary easing.”