Tuesday, March 28, 2006

Bernanke

  • You know I love the TV show 24.  I do.  But CTU seems so dysfunctional, and now Homeland Security is trying to takeover CTU.  Of course, perhaps a dysfunctional Homeland Security is an accurate real-world scenario.  On second thought, scratch my initial comment.  It's a government agency.  It's supposed to be dysfunctional.  I'm surprised more folks (govt workers) aren't just standing around sippin' coffee during the crisis.  "Where are we going for lunch?"
  • I don't know if this is today's business, but we're going to have to keep an eye on Helicopter Ben and The Fed.  If they want to raise interest rates so high that our ears bleed, that'll make an attractive alternative to stocks.  Why take stock risk if a money market fund will pay you 5%? 
  • Folks seem to be tired of the market.  The SP500 is still up near the bull market highs and up nearly 4% year to date.  It's kind of boring without tech leading the way and seeing some speculation.  That'll come.
  • Month-end strength on the horizon...
  • American Idol tonight!  Who's next to go, Bucky or Lisa?

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