A new poll says consumers will spend less this year than last year on holiday shopping. I say false.

Goldman upgrades Citi, the four quadrants of earnings reactions, Pimco as “downhill marathon machine”, rules for when you have to deal with Wall Street and more. Much more.

Happy birthday to the iPod, the most game-changing piece of technology of the last decade.

The New Jersey Treasurer estimates its unfunded liabilities relating to lifetime health benefits for current and retired teachers is $36.32 billion.

“We owned most of their debt, so now they work for us.”

In case you missed this the other day, I found a note from some guy who’s apparently taken a bit too much advice from the permabear camp. Enjoy!

This weekend’s must-read is Mark Verveka’s cover story in Barron’s on the next phase of the cloud migration.

I find your lumping in of all struggling borrowers as “deadbeats” to be offensive and I’m going to start shouting you out when you use that term improperly.

The rapper/capitalist gets a closeup courtesy of the Wall Street Journal.

Cartoon.