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The market finally seems to be selling off. I say “finally” because I would have thought after peaking and getting overbought earlier this week, we would have seen a big down day earlier in the week. But the market kept hanging around, and it seemed like even though the bears pressed, they couldn’t really knock it down.
If he won’t do it, perhaps the GOP can turn to the only marginally-less-plausible Bucky Dent. Read the rest of this entry »
I have taken a lot of flack for supporting the notion that housing has bottomed. To clarify, I don’t think it is the type of bottom like you get in the stock market, where home price appreciation is right around the corner. Rather I think that the pace of declines in the housing market has peaked, and that while prices are still soft, sales have certainly picked up and overall I think the worst is over.
. . . well no they haven’t actually won anything yet of course, and indeed aren’t even in first place, but having eliminated all but two of the Dodgers’ 15-game lead over them they’re threatening to make one of the biggest comebacks, and precipitate one of the biggest collapses, in baseball history. (LA is still in good shape for the wild card but who knows what’ll happen if they get overtaken for the division lead after so many months of cruising?)
Guest post by Anil Gupta
Making money online is not too hard in today’s economy even if you have passion and will power to work hard. Here is the step by step process one can follow to start making money with a blog:
Ted Kennedy has passed. Read the rest of this entry »
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There were several things this morning that helped boost the market today, but I think the reappointment of Bernanke should not be overlooked. While it might not be the sole factor responsible for driving today’s rally, I think had he not been reappointed we would have seen the market selloff for sure.
