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If I can interrupt the festivities of Presidents’ Day for a moment, here are a few tidbits from the boys in Gainesville I thought were worth sharing. First up is the plot of how many assets are put into leveraged bullish funds (white) versus bearish (blue). The contrast is stark – – a ten-fold difference – – which is a record. Let’s just admit there are no bears left.
Just in case you’re wondering how the United States is stacking up in the ol’ import/export balance:
