Via Lance Roberts of RealInvestmentAdvice.com,
The month of March typically marks the beginning of Spring. This weekend will also mark the loss of an hour of sleep as we set our clocks forward an hour in observance of daylight savings time.
If the plunge in gas prices was "unequivocally good" for Americans' pocketbooks, then we wonder what the PhDs will make of the fact that California gas prices just broke above $3 for the first time since 2015 - soaring at 28% YoY (the fastest since Q1 2011, which sparked a plunge in economic growth).
California gasoline prices at 20 month highs...
There's just one problem with the "unequivocal" arguments - the last time gas prices soared at this pace, GDP growth in America plunged...
Having taken a one month break since his latest February webcast, the time has come for DoubleLine's Jeff Gundlach to take the microphone again for his latest address to his investors (and everyone else) - titled this time "The Byrds", and hopefully provide some insight into this increasingly more confusing market.
Readers can listen in after registering at the jump (link to register here).
Here are some of the highlights:
Via ConvergEx's Nicholas Colas,
Via Dana Lyons' Tumblr,
Assets in mutual funds designed to rise when stocks fall have dropped to an all-time low.