Daily Reading on the Financial Markets: 6/20/12
Ace market technician Chris Kimble notes underlying strength in the markets as they have bounce off extremely support along with extremely negative sentiment.
From Zero Hedge, BAC survey finds 7 in 10 expect Fed easing today.
From Motley Fool, evidence mounts that China’s economy may not be so healthy.
At Seeking Alpha, Russ Koesterich believes continued EU drama and the upcoming U.S. “fiscal cliff” will make for continued volatility in U.S. markets for the second half of 2012.
Zero Hedge points to an indicator that the European Banking system remains severely stressed.