Some things I’m reading this morning:
- Hedge funds haven’t been this invested in stocks since 2006 (BusinessInsider)
- A rough 24 hours for the White House (WonkBlog)
- U.S. corporate credit markets are looking extraordinarily expensive (PragCap)
- Manufacturing the next crisis (TRB)
- Stocks love inflation (CrossingWallStreet)
- 2013 stock outlook (Barrons)
- Gundlach’s latest video: hold cash as risk assets have ‘diminishing returns’ (Bloomberg)
- Sector snapshot (Bespoke)
- Apple’s valuation metrics are much lower than other $500 billion market cap companies (Fortune)
- Fear of being committed may have caused Newtown shooter to snap (Foxnews)
