Daily Reading on the Financial Markets: 10/25/12
Chris Kimble notes that both crude oil and the S&P are testing support trend lines.
Zero Hedge notes the amusing and predictably consistent BLS pattern of barely-beat-then-revise-higher for new unemployment claims. Last week’s “beat” is no longer a beat after this week’s revisions, and this week’s beat can safely be assumed to be a non-beat following next week’s revisions.
Demonocracy provides an info-graphic representation of the Food Stamp Nation that the U.S. has become.
PragCap on the mispriced risk the Fed’s MBS purchase program is causing in mREITs. How’s this for excessive demand? (from @fed_speak)