Golf Clubs Blog

Bloggers and bears want it down. Punters seem to want it up. Baruch is a bit mystified when short-medium term market direction becomes an econo-bloggy subject; his invariable reaction is “how can you possibly know?” Personally, I rarely have a strong enough opinion about it for me to be willing to put it out there in public. In my job and in my blog posts, however, I do take implicit market directional positions. I have to, at times, go “all in” either as a bull or a bear, so like any punter I a

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