Why is it always that when commodities become overbought, it's because of manipulation, and when they become oversold, it's market forces. Yet, when bank stocks become overbought, it's because of market forces, and manipulation when they become oversold?
It's not that they don't get it. It's that they just don't care. When we're given a choice between party A and party B, where both parties represent the same broken system, what reason is there for them to change the way they do things? It will be a long time before the group of people who are paying attention to what's really going on is large enough to do anything about it. By that time it will be way past too late.
Oil Breaks Below $38; Bespoke's Commodity Snapshot (12/18/08) [View article]
Thursday Outlook: Crude Awakening [View article]
Why the Fed Should Leave Interest Rates Unchanged [View article]