Stuff I’m Reading this Morning… Getting ready for the big bad jobs data coming this morning. (Bloomberg) The growling of the bears is getting louder in the blogosphere. (EconomyBeat) Merrill Lynch‘s trading floor looks like a neutron bomb hit it. (TBP) Obama‘s deficits are making Bush look like a piker. (TheAmerican) New Yorkers sound off…
October 2009
Today's Bucket of Cold Water, Courtesy of Bert Dohmen
Writing for TheStreet.com this morning, Bert Dohmen (The Wellington Letter), did as good a job as anyone else I’ve read at summing up the bear case and why many issues will come home to roost beginning this October: We see many headwinds for the stock market. When Congress is in session, the stock market has…
Happy Birthday To Our Future Chinese Overlords
60 years since the founding of the Peoples Republic of China. These days, their “communism” is looking a lot more capitalist than whatever the hell it is we’re doing over here. Source: Economist.com
Newspaper Stocks Ruled the 3rd Quarter
Guess what the top-performing industry group was in the 3rd quarter? What if I told you it was the left-for-dead Newspaper Publishers? No, seriously, it was. According to data from Morningstar, the newspaper industry stocks posted a gain of 89.14% over the last 3 months and were the top performing group by a long shot…
The Fearsome Foursome Hits the Links
Dear Kenny, Glad you could make it out with us today. Don’t worry about your scores on this round, you’ll have plenty of time to improve! CUL8R, Stan the Man
Hot Links: Bear-baiting & Billboards
Stuff I’m Reading this Morning… Is a new National Sales Tax coming? Econophile says yes, it’s inevitable. (ZeroHedge) Should Moody’s get the Arthur Anderson Treatment? (Newsweek) Great first line: “Yeah, so all that business about Roger Penske stepping in and rescuing clown car manufacturer Saturn? Not so much.” (LOLFed) Cramer‘s baiting the bears…
