- Checking out the Black Box last night, it had a buy on semiconductors and a sell on oil. FWIW. This generally means that the Nasdaq 100 won't be far behind with a buy signal.
- The market is up today before the Freakies make their intentions known, but you never know what kind of volatility will hit once Bernanke makes his statement. Stay tuned.
- The Freakies have been jawboning inflation in between meetings, so I'm wondering if their statement makes just a casual statement about being "vigilant" against inflation.
- California spends 50% of its budget on education. That's $57 Billion. How are we doing? "...three in 10 students who enroll in California public high schools fail to graduate." Noice! In addition, "The California High School Exit Exam tests students at an eighth-grade math and reading level and, to pass, requires no more than 60 percent on either section. As a result, more than 55 percent of California State University freshmen require remedial instruction in math or English." Woot!
- The Sacramento Bee's Dan Walters has more in Education Data tell a sorry story. Must reading for those curious why it seems we're faultering in education. The silver lining in the story is the charter schools doing well compared to public schools. Maybe that's the direction we need to go in.
