Lots of trading updates today - mostly in line with expectations type of thing - which is what you want as a long term investor. So nothing much of added value to write on that front today. Therefore as promised / threatened in my opening post I thought I would share some recent blogs and reports that have caught my eye.
The first one is what gave me the title for this piece and comes from Mish Shedlock's blog. He is quite a prolific writer and not all of his stuff is that relevant to us on this side of the pond as it is quite US centric, but hey where US markets go we tend to follow. This one is though quite relevant to the on going debate about will we won't we have a correction, although as ever the timing is open to debate. As Keynes said, "the market can remain irrational far longer than you can remain solvent."
Next up is the latest from John Mauldin who I have featured before and this is one of his Outside the box letters where he features analysis from other writers and in this case Harry Dent on Demograhics. Some interesting stuff in here about life cycles and there is also a video interview with these two which enable you to sign up for future free updates from these if you wish.
Finally, there is a thought provoking piece from Bill Bonner who does a free Daily Reckoning e-mail. Although it includes advertising for their newsletters and other publications he sometimes comes up with some interesting and thought provoking pieces like this one, which sort of relates loosely to the other two.
Enjoy (?) and be careful out there.