Gold is a Crowded Trade

Below is an exchange of comments to an article about gold I found amusing:

a fed serf: “The gold trade is way, way too CROWDED, Weisenthaw said it yesterday. On CNBC believe it or not, they were saying it is a great time to get into equities and the market is cheap.”

imkeithhernandez: “only . . . → Read More: Gold is a Crowded Trade

The Eurozone Bailout – Are We Still Standing?

As we are about move into the fourth day of the week where EU policy makers together with the IMF and the ECB launched an unprecendented series of aid tools to combat the mounting risk of a collapse in Greece and elsewhere in the European periphery I am finally ready to move in with . . . → Read More: The Eurozone Bailout – Are We Still Standing?

Economic Events on May 14, 2010

At 8:30 AM EDT, the Retail Sales report for April will be released.  The consensus is that retail sales increased 0.2% from March.

At 9:15 AM EDT, the Industrial Production report for April will be released.  The consensus is that there will be a gain 0f 0.6% in production and a gain of 0.5% . . . → Read More: Economic Events on May 14, 2010