The Day Ahead: This is Getting Really Bad
A hearty welcome back to the grind for those in the office today. For years on end I have avoided breaks, vacations and general contact with civilization for the good of sharpening the analytical market mind. But in my advancing age, I have slowly learned that a five-hour reprieve on a holiday from all things market is reasonable as a means to restore the creative juices.
Alas, that five-hour pause was only an hour on Christmas Day as the family picked my brain on the fiscal cliff and the accountant brother preached impending tax-filing doom. The opinion I have on the market near term is well documented (bearish), so there is really no need to state the obvious 'cause I am not budging. At this juncture, my daily intelligence gathering is focused on unearthing supporting evidence for the bearish thesis on risk assets, better to have a wall of defense in case a bull is inclined to step to this young, market-analyzing stud....453 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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