Financial columnist and feature writer for The New York Times, Reuters and http://t.co/L6YiBUeQLh, among other organizations.
The streak of trading days without a 1% move in the S&P 500, which began on April 16, has ended, and not in a good way.
MT@BretBaier: The manifest of Malaysia Flight 17, carrying 295 passengers and crew when it was shot down over Ukraine, included 23 Americans
Same trend, different quarter: Barclays Capital revises Q2 real GDP forecast to 3.0% from 4.0%.
BofA: “Melt-up is likely to be followed by an autumn correction.”
BofA: “Investor sentiment is beginning to melt up. Equity allocation hit 2nd highest level in 13 years.” So it’s just “beginning”?
BofA: “Equity positioning looks stretched relative to…bonds. Current differential ranks in the 97th percentile.”