Here’s the other side of the hedge fund debate that has been raging in recent weeks. In case you haven’t been paying attention, a number of well known media outlets have published articles that have argued that hedge funds aren’t all they’re cracked up to be. I’ve been pretty hard on hedge funds as well… Read More
“If you are asking about too big to fail and can what happened in 2008 could happen again, the answer is yes, it absolutely can happen again. If anything, too big to fail is a bigger problem because the biggest financial institutions are more concentrated today than they were. Dodd Frank did not solve too big to fail.”
The latest development worthy of “decade extreme” or “record extreme” within the Precious Metals sector, comes to us thanks to Mark Hulbert Financial Digest. According to Mark’s latest WSJ column, there has been a huge plunge in exposure of various Gold newsletter advisors. Currently, the Hulbert Gold Newsletter Sentiment index (HGNSI) is at -31% net short, a historical record low since the inception of the survey in 1997.
It has been awhile since I discussed equity market sentiment and that is because not much has changed. Bulls continue to get more bullish, the sun is shining and everyone is singing “Kumbaya my lord”. It is worth noting that overly optimistic readings we saw earlier in the year have put a stop to a rally in variety of risk assets, including: