- The market took a break this past week. Is it more than a break? We’re heading into month end, which should be a positive, but the market has had such a run and has seen a bunch of distribution days the last couple of weeks. I remain 100% long, but I think we’ll see a correction soon. Why remain long? I just don’t have a feeling for timing or severity the correction. I believe we’re out of the recession and that we’ll see slow to moderate growth in the coming year.
- How an insurance mandate may make people worse off. Good column. I like the phrase “mandate creep.” You know it will happen.
- Invest like the best.
- Silicon Valley Office vacancies near 20%.
- US Empire in Decline. "People have predicted the end of America in the past and been wrong," Ferguson concedes. "But let's face it: If you're trying to borrow $9 trillion to save your financial system...and already half your public debt held by foreigners, it's not really the conduct of rising empires, is it?" I think he’s right, as folks expect more and more from the government instead of self-reliance. But hoping he’s wrong.
- Summary: Lots of negative news headlines. Maybe that’s the best reason to stay bullish.
- From Mark Cuban, the DVR vs. Internet video.
- Speaking of, I powered through Stargate Universe this past week. Like it enough to keep recording it. It has similar dark undertones to Battlestar Gallactica. Another day in Fantasy Football where I play the last place team and they score like crazy.
Even though my team is scoring like crazy. What a frustrating game. LOL.
