Well, I it is safe to say that again markets rallied on no improved fundamentals and on light volume during holiday time. The most profitable companies have lagged during this run. Bloomberg link: Most Profitable CEOs Get Smallest Gains in S&P 500. Anything could happen, the rally could last…. Chinese Premier Wen Jiabao again reaffirmed […]

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I would always go with Goldman Sachs. Since the sell side analysts and mainstream  media are on the story, probably the majority of a downward move has been done. Bloomberg story: Morgan Stanley Sees 5.5% Note as U.S. Faces Deficits. As I already wrote in Shorting Long Dated Treasuries, I believe this is one of […]

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