Wednesday, May 31, 2006

Wednesday's Quick Hits



  • The markets bounced back a smidge today. Those Freakies from the Federal Reserve released their FOMC minutes and appeared more hawkish. Looks like the market is anticipating yet another rate hike from those in their Freakie Tree in June. I suppose the stock market bump may be due to end of month rebalancing and 401K monthly contributions hitting. Just thinking...

  • So the US and Iran may actually meet and discuss stuff, eh? As long as they quit their uranium enrichment process. Haven't other countries from the UN been asking them this already?

  • Supersizing your meal may only cost you pennies initially, but how much will it cost in terms of your health? Read here! When people put on weight, the study authors say, their grocery bills, healthcare costs and even gasoline expenses climb as well. Hey, it costs more fuel to lug around your big ol' booty!

  • My jaw is uber sore from the trip to the dentist yesterday. Holy buckets.

  • At some point, I expect the market to begin the sideways trend for the summer. This will frustrate both bulls and bears as they wait for something to happen. Not sure if we're there yet, but we may be close.

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