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TGIF Reads

  • Jaw-dropping chart of the day is consumer income vs. the stock market.  Can you say mean reversion?  Which one will revert first?
  • Don't forget to check out our Charts section for trade ideas, historic, seasonal charts and much more!
  • Germany's $11 billion program MobiPro-EU to train youths with job skills has run out of money.  In all seriousness, the US could certainly use some form of program such as this or give Corporations incentives to offer re-training for those long out of work.  Whatever happened to vocational training in high schools?  Cut along with education spending?  That wasn't a smart idea Congress.
  • 90% of crops in the U.S. are now GMO. (WSJ)  Considering how many countries have banned GMO's, is this a good or bad thing for Monsanto? $MON
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