In his article, How to Play the Bubbles Like the Pros (© Dow Jones & Company), Gregory Zuckerman says that among the reasons so many markets are surging to sky-high levels before tumbling to painful depths, is that “investors are able to chase almost any kind of trade today, thanks to new products, such as ETFs.”…
In the Buttonwood piece, “Worlds apart – Two contrary views on the outlook for markets” (© The Economist Newspaper), a Goldman strategy conference is described as promoting confidence in the idea that fiscal and monetary stimulus will cause the world to recover. Meanwhile, the article describes the strategy team from Société Générale as being convinced…