The weather may have warmed up this week, but stocks turned frosty as they took a plunge. Commodities continued their up and down performance while rumors began to swirl about the inevitability of QE3 in the face of a worsening European debt crisis. And how about that debt ceiling? The chaos will continue over the weekend in our absence, but until Monday, enjoy some salacious weekend reads:
- CTAs and hedge funds struggle in May (HedgeWorld)
- John Paulson loses half a billion in less than 24 hours (ZeroHedge)
- 75% downside for commodities if China slowsdown? (Bloomberg)
- 44% of Americans will never put money into the stock market again (Time)
And just for fun…