by Bill McBride on 12/28/2012 05:49:00 PM
Friday, December 28, 2012
Just an observation ... I think we are seeing a "bubble" in "cliffs" ...
From CNBC: Milk Futures Showing No Sign of 'Dairy Cliff'
From CNBC: 'Container Cliff' Avoided Until Early February
This reminds of the bubble in bubble reporting following the housing bubble. Oh well ... it isn't as dumb as the "Risk on, risk off" meme.
Best to all!