Has sentiment reached an extreme? Is anyone surprised anymore when weak economic data is released? Were you surprised that existing home sales fell 27% last month? I wasn’t and apparently neither were the people buying up home builder stocks when that news was released last Tuesday. Were you surprised to read the Goldman and Redbook [...]
Scott Grannis at Calafia Beach Pundit has a post with a series of charts that make the mildly bullish case. Very interesting. A sample:
Industrial production is increasing at a very fast rate, with no signs of any slowdown. Most global economies also are experiencing a rapid recovery in industrial production. This is a [...]
We know there have been problems with seasonal adjustments to the unemployment claims data this summer. For example, the auto companies didn’t shut down this summer as they normally do. Usually, the auto companies shut down for a few weeks each summer to retool for the new model year. For some reason - and I [...]
The name of this blog is Contrarian Musings for a reason. Investing is nothing more complicated than buying low and selling high. The only way to accomplish that is to be a contrarian. Investments for which there is little demand will be available at favorable prices. Investments for which there is great demand rarely offer [...]
