Sunday, November 04, 2007

Sunday Night Live

  • Jim Cramer was at the Cowboys vs. Eagles game tonight. Looks like the Eagles were a "sell, sell, sell" Jimmy.
  • More recession knuckleheads over at Financial Sense.  Now these folks are pretty much always doom and gloom.  Broken clocks they are.  Always an interesting read.  Here's their quote from Friday:  "Thus, when one stops long enough to actually look at the facts, it is clear that the Fed wants you to believe that they can control the equity markets by cutting interest rates. This is simply not true. The greatest tool the Fed has in this regard is the perception that they have created."
  • I think bearishness always sounds more intelligent than bullishness, but remember that the market does go up about 2/3rds of the time.  Being perpetually bearish will make it difficult to outperform the SP500 over a long period of time. 
  • I think the bears are an interesting read.  Especially now.  I'm willing to be convinced, but the arguments they have seem a bit tired.  If we saw the Fed really tightening the money supply or the government coming at us with a major tax hike, then I'd be worried about economic growth.
  • Greg Mankiw goes behind the numbers of the US Health Care Crisis
  • Lots of folks are eager to predit a bottom in the real estate recession.  Sacramento Landing notes that many dates have come and gone, but they're followed up with new dates.  I think we'll have to see declining inventory on the market before the prices rebound.  That'll be the sign.
  • The Confusing Economics of Free Content
  • My fantasy football team visited the dominatrix today.  My team was spanked, whipped and tortured.  

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