Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 7/26/12

Daily Reading on the Financial Markets: 7/26/12

From Zero Hedge, BAC suggests 65% of QE3 is already priced into equities.

David Schawel at Economic Musing suggests QE3 will continue the trend of diminishing returns with each incarnation.

Charles Hugh Smith sees the kleptocratic bureaucracies of the US, EU and China as a convergence of Marx, Orwell and Kafka.

Ace technical analyst Chris Kimble notes that commodities have rallied back to trendline resistance, while the Shanghai Index is at key long-term support.

Lance Roberts at StreetTalkLive believes a major sell signal has been triggered in the US markets.

Irony on display on CNBC Wednesday morning as Sandy Weill – one of the leaders of the charge to supersized financial institutions – called for them to broken up.  From Washington’s Blog.

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