- The market sold off a bit today, but nothing major. Some blame being given to the thought that the US economy may be slowing down. Although, I think we knew that already. Energy prices have fallen, both oil and natural gas. But decreasing energy prices are not only a function of demand, but of the fear of hurricanes which didn't happen. Also because of the "calming down" in Israel-Lebanon and Iran. In addition, some of the speculative money has come out of the sector, too. Maybe that's also what is propelling other stock sectors. Anyways, I'm expecting a market pullback which is why I raised some cash.
- College pick... I'll take Georgia Tech at home -16 against Virginia.
- Not much time to blog today! Which is a good thing. Summer doldrums ending and work is picking up a bit.
- Taking soy isoflavones to lower cholesterol? Here's an article on their effectiveness. I like the conclusion: There's no good evidence, however, that soy isoflavone supplements help lower cholesterol, Reynolds said. It's better to save the money you'd spend on pills and use it on some tofu hot dogs, according to the researcher. Those isoflavone pills might be cheaper than tofu hot dogs, though. Might taste better, too. Better buy some mustard...
