- I guess we're all kind of waiting on the Fed, eh? It'll be interesting to see what they say about inflation this time.
- Yet another down day in the market. I think we're just retesting previous lows. I'll run the Black Box tonight and see what it has to say. It's been hit-and-miss lately. Nothing outstanding.
- From Yahoo Finance, A rebound in financial stocks helped partially offset some disappointment over weak consumer sentiment, falling home prices and an earnings warning from UPS.
- Oil prices are up 98% compared to one year ago!
- Consumer sentiment in the dumper. Maybe because we're constantly told how bad it is out there. Meanwhile, what blu-ray movies are you watching this week? I don't mean to be flip, but I'm not seeing recession-like pain out there. And you?
- Hat tip to Greg Mankiw for the links. Don't blame speculators for the high oil prices.
- Obama opposes McCain's proposal for 45 new nuclear power plants. I guess that makes me oppose Obama. Energy is the #1 issue.
- So other than oil prices, where is the inflation? Wal-Mart has Banquet TV dinners for 86-cents here. Subway has 12-inch sandwiches for $5. Okay, what did I say about being flip? Anyways. Not that pricey.
- Bob McTeer: Not a recession yet.
- Barry Ritholtz: Lets Get Technical. Ah, the debate on the value of technical analysis. I'm a believer. But I'm also a believer in a non-cluttered work space. Have you seen folks who draw charts with what seems like millions of indicators?
- I watched "We are Marshall" the other day. I liked it, but it was a bit long. These kinds of movies that are based on true stories tend to have me hitting the internet afterwards, and looking up information and pictures. What a story.
