AlphaNinja - Futures (indication of where the market will open) are down slightly, on weak jobless numbers and a lack of buyers to step in and halt this weeklong slide...
Are we overestimating foreign demand for our ever-plentiful Treasurys?
Friday's "cap and trade" bill, the largest tax to ever hit American consumers, is being helped along by a laughable analysis by the Congressional Budget Office. (This isn't Russia, is it Danny?)
"Edward Markey, Mr. Waxman's co-author, instantly set to crowing that the cost of upending the entire energy economy would be no more than a postage stamp a day for the average household. Amazing. A closer look at the CBO analysis finds that it contains so many caveats as to render it useless."
The CBO acknowledges this in a footnote: "The resource cost does not indicate the potential decrease in gross domestic product (GDP) that could result from the cap."
Investing like Buffet would turns out to be a better strategy than investing in Buffet himself.
As municipalities are hard-pressed to sell debt, Obama bonds are filling the gap...
The developing world will be the leaders of the economic rebound...according to the developing world.
Small loans, but a huge impact - micro lending.
Weak job market has been a bonanza for small businesses seeking freelance workers