Some stuff Morgan figured out

I hate him a little because he’s figured out the really important stuff at a way younger age than I did…

You can probably stop worrying about rising rates for awhile

My friend Peter Boockvar had this to say about rate hike odds early this morning…

at least somebody’s buying.

Merrill’s clients, pretty much across the board, were buying stocks into the teeth of last week’s vicious sell-off

Today’s Poll: False Starts

But I digress. Take my poll about “false starts” and let’s see what we end up with:

Are Commodities a Necessary Portfolio Component?

Josh here – This is the problem with the clarion calls of the last decade to make commodities a part of one’s asset allocation because they are “uncorrelated” to traditional stock / bond portfolios. The more people adopt this suggestion, the more “financialized” commodities become, and the less helpful for diversification. And everyone adopted this…