Daily Reading on the Financial Markets: 11/29/12
Chris Kimble makes the case for getting long coffee, which has been bludgeoned mercilessly for the last year. I’m riding shotgun on this call.
Cullen Roche at PragCap reminds us that the “transmission mechanism” of ZIRP is broken, and credit is not getting to Main Street.
A great article from Mark McHugh at Across the Street on the economic cost of carrying high national debt and a weakened currency, including this revealing graphic on the shrinking U.S. economic presence relative to World GDP: