Sunday, September 30, 2007

Linking in America

  • The SP500 is up 7.6% year to date.

  • The New York Mets lost their 7-game lead and lost the division to the Philadelphia Phillies. As a result, the National League is delisting the METS. They will now be known as the New York METSE.OB and play in the Over the Counter League.

  • Jason at The Trend takes a look at the end of the quarter, and also has a one word answer to the question of whether or not the stock bubble in China can be sustained.

  • Bonfire of the Flippers from Sacramento Landing. In August, 41 percent of the Manteca homes sold at courthouse foreclosure auctions were owned by people who never lived in them. This will probably go on for a little more.

  • The Bond Dad sees a lot he doesn't like in the stock charts.

  • Remember when everyone was worried about the inverted yield curve? Mark Hulbert notes that it has steepened. That usually would be taken to mean that the risk of a recession has lessened. I think it is significant that it hasn't received more attention.

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