Monday, May 12, 2008

5/12/08

Economics

More on the recession that so far hasn’t been:

http://www.usnews.com/blogs/capital-commerce/2008/5/9/the-recession-that-wasnt.html#

A positive sign that the worst is indeed over:

http://bespokeinvest.typepad.com/bespoke/2008/05/baltic-dry-inde.html

However, this isn’t good:

http://bespokeinvest.typepad.com/bespoke/2008/05/default-risk-in.html

a disruption in global oil supplies (It is not the price of oil but its availability that will cause severe economic dislocation.).

http://www.ibdeditorials.com/IBDArticles.aspx?id=295139502258630

How about a windfall profits tax on these guys:

http://mjperry.blogspot.com/2008/05/and-you-thought-gas-prices-were-high.html

Politics

Domestic

International War Against Radical Islam

The Market

Technical

Fundamental

More data on first quarter profits:

http://bespokeinvest.typepad.com/bespoke/2008/05/eps-beat-rates.html

News on Stocks in Our Portfolios

More Cash in Investors’ Hands

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