Big short covering and a weak rally. Back to January levels of speculative shorts at the Merc.
I'm not sure that the rally is over, but with so many shorts closed out, the odds are tilting back in the bear's favor.
Lawler: Observations on the Recent Surge in Net International Migration
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Today, in the Calculated Risk Real Estate Newsletter: Lawler: Observations
on the Recent Surge in Net International Migration
A brief excerpt:
NOTE: Hous...
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