MB, I wanted your omniscient view on the following:
1. Most of the sellside research I'm reading is bullish (they forsee gains of 15% on major indexes by year end) on tech/equities/etc., whats your view?
2. Fed watch: do you think the Fed will tighten in June? and how many basis pts till the Gspan is happy (I think all his money is in money markets) ?
3. Also, how much, if anything, is the current Presidential year cycle worth for the equities (historically, around 5-10%)and more importantly has it already been priced in?
4. Finally, the Trim Tabs people, etc are pounding the table about all the cash in mutual funds on the sideline (and some huge index put positions)... and how some managers will have to kickback some jack if they aren't invested. Combined with a dry IPO market, continued cash inflows to funds (albeit slower), and trend of contracting stock supply (more buybacks, more all cash buyouts). Is this worth running in front of or is just more sellside smack?
Sorry for all the questions, I just find that forming my own opinions and views can be alot of work and frustration.. :) |
