Monday, October 24, 2005

Ben Bernanke

* New Fed Chair?!?!? President George W. Bush was expected to announce on Monday that he has picked top economic adviser Ben Bernanke to succeed Federal Reserve Chairman Alan Greenspan, a knowledgeable source said.

* Hey, Bernanke is a credible pick. Not some crony down the hall or some guy who plays on W's softball team.

* Should there be instant replay in baseball?

* This week is the last big week of earnings. So far, I've read that 72% of companies are beating earnings. The market is up early today, and hopefully the trend will continue all week. The market probably likes the Bernanke pick.

* Somebody needs to make a better muffin. Have you had the ones in a bag you pick up at the snack shop or deli? Do they have to be 500 calories and high in fat? And lets be real. That's not two servings in that bag. Unless you just eat the muffin top, and leave the stump for Newman.

* Yes, I think Google is probably a bubble stock.

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