- It's bear on roller skates accelerating downhill cartoon time.
- Normal end of August swoon? The much-expected retest of the previous lows dead ahead? As I mentioned awhile back, I wasn't going to get fancy with trying to in-and-out a retest on a day-by-day basis. But should we get below 1400, I will increase beta by rotating some holdings around.
- I don't believe it's a bear market. I think it's just a low-growth environment. The Fed went a little bit too far with their rate hikes, and combined with higher energy prices folks are seeing less money in their wallets. And less equity (if any equity) in their homes as home prices fall hundreds of thousands of dollars. Employment is high and wages are growing, so folks will keep spending what they have. But I can't see growth accelerating much at this time.
- Adam Warner in a fundraising walk for the benefit of the Friendship Circle. Check it out.
- Maybe folks should spend less money on food. Americans fatter than ever.
- A whole football season where the broadcast booth will be talking about Michael Vick. Good Lord no. Vick is even commented on in the canned recordings for Madden 2008 on the Nintendo Wii, PS3, and XBOX 360! Not really, but could you imagine that going on as you're trying to figure out which combinations of buttons to press to send the WR in motion?
- What's up with Apple? from Barrons. Wondering why APPL getting smoked today compared to the market overall. I'd file it under "the harder they come, the harder they fall." Check out FXI, BIDU and FSLR, too.
