Thats enough for this guy...more than that and I will start to get aggravated. I expected a bit of a bounce - and this qualifies, GOOG and GS are each up a finster, AAPL a buck, REITS are bouncing, banks are strong - feels like a bounce - nothing more.
Im buying an ETF this morning that bets against US treasury bonds - looking for a short term trade and then out.
I gotta tell ya I hate oil in here - I dont believe in the inflation argument, I think it will go back down to $40 in the next few months - I kinda feel like the Tbond market is telling you inflation is not a worry.
So just now a story crossed the tape that a consortium including Starwood and Wilbur Ross bought Corus banks loan portfolio of busted mega condo converions - I cant wait to see what they paid for this - when I find out Ill let all my faithful readers (I know of 1 - are there any else?) know.
JB
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