Fully Invested Bears

(1) Everyone agrees: “It will all end badly.” (2) But the next 3-6 months could be OK. (3) QE-1.0 was good for bonds, while QE-2.0 should be bullish for stocks. (4) Extreme sports and extreme policies. Both are death defying. (5) What do they do after they’ve done it all? (6) Worrying about profit margins, munis, and Bond Vigilantes in London. (7) Bonds aren’t following Bernanke’s QE script. (8) Opportunities in the housing industry. NOTICE: Our Morning Briefings are now available on FactSet.