Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 10/3/12

Daily Reading on the Financial Markets: 10/3/12

Chris Kimble notes that, while home builders have been white hot over the last year, they may be hitting technical resistance at a time when sentiment is overwhelmingly bullish.

Zero Hedge offers some levity, noting that the UK leisure industry is suing local weathermen because of “pessimistic forecasts”.  Is the U.S. BLS always-sunny mandate spreading?

Charles Hugh Smith on the catch-22 monetary policy geeks face: expanding monetary price pushes oil prices higher causing the economy to stall, but expanding monetary base is required to avoid deflation.  The end result has been expanding Bankster assets nonetheless.

Sober Look with a brief note on the college tuition bubble, including this chart that sums up the unsustainability of current U.S. tuition costs:

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