Business

Submitted by Eric Bush via Gavekal Capital blog,

Growth scare? Not when it lasts four years...

Source:Yardeni.com

And if you need help spotting the moment when monetary policy became impotent...

Time for a Summers-ing!!

Submitted by Jim Quinn via The Burning Platform blog,

“What are the odds that people will make smart decisions about money if they don’t need to make smart decisions–if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they’re still all wrong.” ? Michael Lewis, The Big Short: Inside the Doomsday Machine

It had been a volatile day for nat gas traders.

As we reported this morning citing Bloomberg, "it’s almost time to put that snow shovel away and get out the gardening tools", because as the following weather forecast shows, March temperatures are expected to be considerably higher than expected across the entire US.

This led to some abnormal moves in natgas this morning:

The moves even prompted rumors that another commodity hedge fund had blown up:

Many are trying to put their finger on what has precipitated today's breakout rally.

On one hand you have Reuters, saying that it is due to economic data which was so poor it "spurred stimulus hopes"...

... on the other you have, well, Reuters again which said the data was so strong it "points to economic recovery"...