One: I am The Great Recession that snapped you out of your debt binge and brought the entire world to its knees, thou shalt compare no other recessions to me.
Housing
Hot Links: Under the Microscope
Stuff I’m Reading this Morning… Passport Capital makes the case for the agriculture investment theme. (MarketFolly) The unsinkable Whitney Tilson on housing’s non-bottom. (TechTicker) Like the rich kid paying off bullies in school, Goldman is set to give a big charitable donation to deflect our attention from $23 billion in bonuses. Andrew Ross Sorkin has…
(blank) Is Set To Benefit As Housing Recovers…Duh!
My new favorite cliche from this just -ending earnings season is “(so-and-so company/industry) is set to benefit as housing recovers“. Think about the absurd obviousness of this statement and the frequency with which it’s being repeated from every corner of corporate America. And you can basically put any company or industry name in that blank and the sentence…
