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I'll say it right now ... recovery will be weak and greenshooters are idiots. As I've said before on this thread, I mostly agree w/yoy regarding these macro issues. That doesn't mean we're going back to conditions of last fall and winter EVER AGAIN. That was a once in a lifetime thing. If...

Jon Stewart good-looking??? You can accuse the dude of many things, but this isn't one of them BTW, its looking like Stewart's call-out of Cramer is one of the great bell-ringing bottoms in market history.

LOL. Stocks were up like 3.5% or something this week, and you're crowing about a little buy the rumor sell the news action. The DJIA is going to challenge 10K before this rally is over. Rosie will still have a job pontificating. Our job is to make sure we still have funds in our account...

You've got a bad case of confirmation bias. There is nothing in Gross' piece that hasn't been more or less conventional wisdom for months now. Jobs report will be minus 500K and the market will be up 2% minimum today.

The dude made $200K/year and bought a $1m apartment. I fail to see how that's responsible.

I'm just wondering how much the S&P will be up tomorrow - I'd say the over/under is 3%.

All I remember about BB is that he was bearish all through the 90s. Nice call there.

I agree w/you on almost everything. Its important not to be too dogmatic about this stuff when trading though. Rosie, Whitney, Roubini (all of whom I respect), can continue to pound the table for more pain while financials triple in value in the course of 8 weeks and bond yields go from 2.50...

I agree w/all of that. However, my conclusion would be to just treat markets as "normal", if that makes any sense. Some will go up, some will go down, some will flatline. The end of the world trade - short financials, short commodities/oil, short GBP, long gov't debt - is over.

Yes, mortgage refinancings will slow, but they will make up for it in other ways - a steeper yield curve means larger profit margins. LOL at everyone running around claiming that 3.70% is a disasterous yield on the 10 year. Have a little perspective please.

A weak currency doesn't cause inflation. Inflation causes a weak currency.

My take is that the news in meaningless. Only idiots don't know its a disaster out there. By guaranteeing debt for every financial institution, the gov't has forestalled runs on banks and a collapse in the money supply. I'm not saying everything is great and we're going back to 2004. I'm...

Have any of the mega-bears ever heard of George Soros, ever hear of what he calls "reflexivity"? Fundamentals influence markets, yes ... BUT Markets influence fundaments as well. By guaranteeing the debt of the financials and engineering a massive short squeeze in their stock prices , its...

The only thing keeping us out of another GD is the fact that so many people are employed by the gov't or pseudo-gov't like teaching. When things get rough, the gov't just prints money, raises taxes, or both. If gov't was run like a private business, it would have had to shed hundreds of...

Cable continues to strengthen ... pushing 1.60 vs $ zoomed past 152 vs. yen up to 87.50 vs euro

Too conservative. Might be up 2.5% today.:D :D :D

S&P 500 will be up a minimum of 1.5% today.:D

:collective yawn Meaningless stuff. Dollar is down on the news.

^^^ GS did sell (sec. offering a couple of weeks ago). Don't know if its a top, but the market has pretty much flatlined since then.:)

Can't say I disagree with you and I even hope for this scenario. I've certainly had my fill of an economy dominated by financial services and am sick of guys with no skills other than a firm handshake and a pleasant manner make sick salaries as brokers and wealth managers. However, I've got to...