Wednesday, May 20, 2009

Late Day Reads 05/20/09

US Treasury forced to pay higher interest on bonds
(AlphaNinja - We'll (USA)remain a save haven for investment as long as we're the best boat in a dangerous ocean. The faster we become a European-style "capitalism-light" country, the faster our bonds will no longer remain the best option for overseas investors.) http://www.conservativeoutpost.com/us_treasury_forced_pay_higher_interest_bonds
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A good post about the danger of "anchoring" one's sell price.....

http://www.minyanville.com/articles/rally-GDP-STOCKS-SP500-bull-PE/index/a/22753
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Another bear turns bullish

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCmZYvnkAvpg&refer=home
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Risky move? Facebook CEO says IPO a few years out

http://www.reuters.com/article/innovationNews/idUSTRE54I77G20090519?feedType=RSS&feedName=innovationNews

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A call for the SP500 to (approximately) double within 3 years (video). Birinyi, very smart fella.

http://www.bloomberg.com/avp/avp.htm?N=adviser&T=Birinyi%20Says%20S%26P%20500%20May%20Reach%201%2C700%20Within%20Three%20Years&clipSRC=mms://media2.bloomberg.com/cache/vtMinn9aNC9k.asf

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