- Breaking news: Yahoo to merge with Kelly Hu, and become YaHu. To make it easy for us during the transition, typing in "yahoo.com" will automatically redirect the browser to the new URL, "yahu.com."
- Who can keep up with the players in the eventual Yahoo merger these days?
- Hey! The market was up today!
- I remain 100% long. Nothing new there, as I continue to believe that the market correction is winding down, if not over completely, and the market will soon be pricing in the stimulative effects of the Fed rate cuts and government stimulus package. I'm not even flipping or trading here. Just pressin' the longs.
- Hmm, my boss says I have to make a presentation to the Board in 15 minutes. Fantastic. Good grief. Thanks for the advance heads up.
- Todd Harrison's 35 reasons the stock market hasn't hit bottom. LMAO.
- The 2000-2002 bear market never happened! So says Richard Russell. From Mark Hulbert.
- Rich States, Poor States.
- Barry Ritholtz says, "Two of the trends we have discussed over the past year are still quite evident: Food and fuel inflation, and consumers moving further down market to warehouses and discounters to save money." Okay, we know that higher energy prices act like a tax on consumers and reduce consumer spending on other stuff. Which, as we can see by the PCE, is not inflationary at the core (inflation less food and energy)!
- How is universal health care going in Massachusetts? Well, the doctor can see you in May - May 2009! The number of new patients has increased demand on the same number of resources (doctors), increasing the waiting times for appointments. Well... duh!
