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Notes to myself, possibly of interest to others.
-- Bill Northlich

Thursday, May 19, 2011

Rosenberg Daily Soundbites

  • It’s a quiet start to the day; gasoline futures are tumbling at their fastest rate in a year
  • Reality checks: Things are definitely getting exciting, as they usually do at turning points in the cycle — it looks like QE2 bought us six months of reprieve, and that’s about it
  • Bull run … in bonds
  • An oversold bounce? After the sustained though moderate declines in recent weeks, it is encouraging to see some of the froth come out of the equity sentiment indices

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