Who is the real contrarian these days? The Bears, who are dead right about how bad the economy is or the Bulls who are dead right for being long virtually every asset class, the riskier the better? Perhaps the true contrarian is neutral right now, refusing to play either the economic weakness or the markets’…
Jesse’s Cafe Americain
Hot Links: McDonaldland
Stuff I’m Reading this Morning… A Fed official talks about the potential for aggressive interest rates hikes when necessary. (Bloomberg) Trader Mark on the Julian Robertson Armageddon interview. (FundMyMutualFund) Yes, Twitter is worth 74 kajillion dollars, haters. (NYP) Rumors of a Blackstone LBO for Sea World. Somebody warn Shamu! (LOLFed) Jesse is still agnostic on…
More Hot Links: Sarah Palin, Bill Gates & Comic Con 2009
More Hot Links for Weekend Reading… Revenge of the debtors…the revolt of the indebted begins. (NYT) A few ways to look at whether or not the market is cheap right now. (PragCap) So the Fed has set up an “Investor Advisory Council”, chances are you’re not invited. (Jesse’s Cafe Americain) The shorts are capitulating. (Bloomberg)…
