Tuesday, October 27, 2009

A couple of good reads for today:

Jeremy Grantham on the market's over-valuation and possibility of severe correction:

http://www.creditwritedowns.com/2009/10/jeremy-grantham-the-market-is-25-overvalued-15-correction-coming.html


Karl Denninger rants on about AIG / Fed / NY Fed / Geithner / Paulson:

http://market-ticker.denninger.net/archives/1547-More-Arrogation-Of-Power.html



I recommend that you read both as you contemplate the silliness of AMZN at $124.

No comments:

Post a Comment