Took some risk off the table last week, just before stocks dropped 2%. Markets seem pretty stretched. GDP came in way higher but stocks still finished down. That suggests we may be in for a correction. Having said that, this week we start again and anything can happen. Here’s some links that kept me interested:
Botox maker Allergan is to sue Valeant and Ackman.
Rate hikes now unlikely according to Goldman.
Would you buy into Argentina right now?
Amibroker code from Automated Trading System.
What to expect from markets this week.
Speculative asset prices talk from Professor Robert Shiller