July 27, 2015
Why Dennis Gartman changed his mind on US stocks
"Two [or] three weeks ago I was quite bullish on stocks," he said. "[But] now I see a lot of reasons to be at best neutral on stocks here in the United States and even slightly bearish of them."
If 6 trading days ago actually means two or three weeks ago, and telling us we'd be foolish to short stocks actually means you were quite bullish, then yes, you have definitely changed your mind yet again. What did it? The roughly 3% lost on the S&P 500?
1. Screw you guys.
2. I'm going home.
Q2 GDP Tracking: Solid Early Look
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From Goldman:
We lowered our *Q2 GDP tracking estimate by 0.1pp to +3.3% (qoq ar)* and
our domestic final sales estimate by the same amount to +2.7% (qoq ...
3 hours ago
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