This is very big news, Steve Ballmer is one of the last holdout CEOs of the old tech cohort and perhaps the worst one in terms of missing every single major shift and trend over the last thirteen years. Microsoft is in both the Dow and is a large weighting in the S&P 500, so…

I am really good at communicating. I know what I want to get across and exactly how to get it across to different intended audiences. I’m pretty bad at a lot of things but I’m really good at this particular thing, and sometimes I take it for granted. I also get exasperated when I see…

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Do conditions warrant anything more from the Fed’s efforts to tamp down on excess speculation besides a bit of jawboning? An emerging consensus is looking at the recent economic data and scratching its head – what does the Fed see that has them even thinking about tapering? Here’s wonky econoblogger Brad DeLong: There are no…

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Quite a day today… I weigh in here at the top on why this should be concerning for investors but why there was also a silver lining in today’s action, enjoy! Source: CNBC

Is this the taper? I am on-air right now at CNBC headquarters, nobody has any idea what’s going on. The Nasdaq has just told The Street to rout all orders away from their exchange. Executions are happening elsewhere according to reports from institutional traders. Stay tuned… (flatline chart below via Business Insider)

Good infographic from Charles Schwab about the big picture… Source: Charles Schwab