---
title: "Smorgasbord"
url: https://independentstockanalysis.com/smorgasbord-3/
description: "Cyclical Bull, Secular Bear presentation by Barry Ritholtz The strength of the housing market: Calculated Risk Crude Oil and Refined Product Storage…"
published: 2012-05-24
updated: 2012-05-24
---

# Smorgasbord

Published 2012-05-24

Posted on

by

J.J. Butler

Cyclical Bull, Secular Bear presentation by [Barry Ritholtz](http://www.ritholtz.com/blog/2012/05/ubs-morning-call-cyclical-bull-secular-bear/)

The strength of the housing market: [Calculated Risk](http://www.calculatedriskblog.com/2012/05/new-home-sales-comments.html)

Crude Oil and Refined Product Storage Charts from [BMO](http://www.investorvillage.com/uploads/8708/files/PetroleumStorageCharts23-May-12.pdf) Hat tip Land_Lubber via Pedriven at [Investor Village](http://www.investorvillage.com/)

More on crude and product inventories: [Hard Assets Investor](http://www.hardassetsinvestor.com/weekly-commodity-reports/petroleum-report/3747-crude-oil-report-wti-plunges-below-90-as-us-production-surges-to-13-year-high-cushing-inventories-hit-record.html)

What ever happened to $200 Oil? The end of growth is given the blame with no mention of horizontal drilling or the credit bubble by someone who should know better. Jeff Rubin at the [Globe and Mail](http://www.theglobeandmail.com/report-on-business/commentary/jeff-rubins-smaller-world/whatever-happened-to-200-oil/article2440790/)

Perhaps the Greek drama is played out as futures are positive this morning with this headline: Greece to Exit Euro, New Currency to Fall 60%: Citi at [CNBC](http://www.cnbc.com/id/47547122).

With the market direction largely dependent upon the velocity with which money is printed, here is cover for more easing: [Mark J Perry](http://4.bp.blogspot.com/-5fmBgX-r_Sk/T70k6Hw3k2I/AAAAAAAARqA/_MR1ZOBSQyc/s1600/Capture.JPG)

Easing coming in the East too: China’s flash PMIs point to contraction at [FT Alphaville](http://ftalphaville.ft.com/blog/2012/05/24/1014161/china-flash-pmis-point-to-contraction-again/)