Is Goldilocks Getting Ready to Meet the Three Bears ?
As many hedge funds continue to unwind their short positions, the market marches higher. All of the talk about the “goldilocks” economy is getting a little old. So old, that I actually went back and read the story of “Goldilocks and the Three Bears.” As I keep hearing the name “Goldilocks” whenever the economy is mentioned, I couldn’t remember what happened to “Goldilocks” at the end of the story. “Goldilocks”, if you remember, went for a walk in the forest and entered a home that was owned by three bears. Being hungry, she noticed there were bowls of porridge on the kitchen table. After tasting all three she found one that was too cold, one that was too hot, and one that was just right. After she ate, she got comfortable and fell asleep (like investors now). As she was sleeping, the three bears came home. Goldilocks woke up and saw the three bears. She screamed, “Help!” And she jumped up and ran out of the room. Goldilocks ran down the stairs, opened the door, and ran away into the fo
