Market Morsels
The sell-off on Friday was not due my previous day’s warning, nor the below consensus GDP data. The uprising in Egypt continued to stoke fears of a regime change and civil unrest in the Middle East.
I would expect to see continued volatility as low quality markets continue to lead and dispersion amongst asset classes continues to widen. Now I present a few market morsels to digest. Stay tuned!
{TJM}
- Avoiding Negative Compounding: the last decade was considered the lost decade. As it turns out, 70 of the 120 months were positive with cumulative …