Thursday, January 19, 2012

Black Swan Capital: is it Wiley Coyote time?

S&P 500 vs Crude oil

I think we are nearing a major Wiley Coyote moment for Mr. Market. Despite recent joy over some of the economic numbers, recession in the US is still very much in play; if so,S&P 500 Index and Crude Oil, seemingly joined at the "risk on" hip joint, seem extended, to say the least.

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