Disconnects everywhere.

Consumer stocks rocked yesterday while consumer confidence remains stuck at really low levels. Unless consumers are spending and lying the retail stocks shouldn’t be flying.

Bloomberg reports short interest in US stocks the highest in a few years at 11% (here).  The squeeze continues, this is getting tiresome.

FT reports that the Chinese sovereign wealth fund is buying battered Chinese stocks.

Yahoo’s top story reads “Traders worried before Slovakia bailout fund vote.  HUH!

 

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