House prices in the US are really bottoming out!
· http://www.calculatedriskblog.com/2013/01/corelogic-house-prices-up-74-year-over.html
All that optimism: the World Bank isn’t buying it
· http://www.cnbc.com/id/100382435
· http://siteresources.worldbank.org/INTPROSPECTS/Resources/334934-132259330559…
McKinsey takes its best shot to tell us what 2013 will bring for China
Divergence in the Eurozone
· http://www.zerohedge.com/news/2013-01-15/pictets-four-horsemen-euro-pocalypse
Long only equity mutual funds (mostly retail) was the hot at the start of the year, but what region did fund managers buy? Not the US, according to Merrill…
· http://www.businessinsider.com/bofa-investor-survey-regional-equity-allocations-2013-1
…and these fund managers are pretty bullish right now, according to the same source…
· http://www.businessinsider.com/professional-fund-manager-bullishnes-is-surging-off-the-charts-2013-1
Yesterday, I showed a chart claiming that sideways trading is pretty common. Today’s chart seems to suggest the opposite
· http://www.ritholtz.com/blog/2013/01/bull-market-durations/
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re. House prices in the US are really bottoming out!That statement is right but remember: when it goes 50% down you need 100% up to get the same price level again. So we have still a long way to go to get the same price level.