Sunday, March 13, 2011

NCAA Selection Sunday Randomosity

  • Democrats urge tapping strategic oil reserves to protect economy. I disagree, as this just temporarily helps. Eventually that oil has to be replaced and creates artificial demand, keeping prices higher. Is this a real emergency? Not yet. Besides, why not open up drilling if you really want to have the ability to increase oil?

  • Japan economic toll from the earthquake and tsunami? Experts say Japan's economy will suffer only a temporary setback from the quake and could bounce back in a matter of months once spending on the rebuilding efforts starts to kick in.

  • 10 reasons you should worry about the stock market. Financial cockroaches?

  • Next fight in Wisconsin is at the ballot box. There will be recall efforts across the board. And as the legislation gets challenged in the courts, all eyes turn to the election of the next WI Supreme Court judge, as the balance is for the GOP now but that vote could change things.

  • Stocks hanging on despite world turmoil. The Dow and S&P 500 have climbed about 4% so far in 2011, and the Nasdaq is up more than 2%. "Given that there are a host of hurdles that have cropped up in recent weeks, I think the fact that stocks are not far off from recent highs is a sign that the financial markets are extremely resilient right now," said Michael Sheldon, chief market strategist at RDM Financial Group.

  • March Madness and your portfolio. Mark Hulbert on the impact of the Dance on your stocks. An academic study found that investors tend to act irrationally following losses by their favorite sports teams. This should serve as a powerful reminder about how hard it is to keep our emotions out of our investing...

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Ohio State and Penn State on as I type!

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