Mostly: Classical

[Frank Pembleton]

the problem I have with intermarket relationships is that once the herd is looking at the same shit as the "traders in the know" it stops being a factor.

take the US inverted yield curve as an example

if trading from the short side knowingly expecting a crash because of the inversion, or because Bernanke has a copter, or because you think GWB is an asshole-- over the last 6-months, the only asshole is you and the only thing crashing is your portfolio

according to this

http://www.bloomberg.com/markets/rates/japan.html

and this

http://www.bloomberg.com/markets/rates/germany.html

yield curves around the world are surprisingly steep-- and we're all connected.

seemingly the world is booming, commerce is expanding, consumption continues to rise.

life is good...