“the market knows how slow the Fed will be in raising rates, after all, it’s been 9 years since they last hiked rates.”
Joshua M Brown
Hot Links: The Tightest
What I’m reading this morning
‘Walking Dead’ Trailers Hit Comic Con!
I’m a few days late on this but I have a valid excuse (see here). Anyway, Kris and I are flipping out over the two extended-length trailers for The Walking Dead that premiered at ComicCon this week. First, a look at Season 6, which doesn’t air until October: But then, perhaps more importantly, our first real…
Fund Managers Holding Highest Cash Percentage Since Lehman
Michael Hartnett is out with his latest Fund Manager Survey for Bank of America Merrill Lynch and it’s, well, something else. According to the survey, conducted among 149 participants with $399 billion in AUM from July 2nd through July 9th, cash levels in fund manager survey (FMS) portfolios have hit 5.5%. So does this mean…
Hot Links: Surprise Bid
What I’m reading this morning
The beatings will continue until populism fades
“Europe is unwilling to allow Syriza a face-saving compromise, even if that means Greece collapses and the rest of Europe suffers”
QOTD: How Bernie Sanders thinks the economy works
“Our economic goals have to be redistributing a significant amount of wealth back from the top 1 percent”
Companies should buy someone else’s overvalued shares rather than their own
Pretzel logic from Goldman Sachs
Hot Links: Thermopylae Revisited
What I’m reading this morning
Attack of the Crohn’s
Sorry I’ve been incommunicado for the last few days.
