Friday, June 26, 2009


Interpreting the news today is so uninteresting that it feels like Saturday. It might be a quiet July and August if the macro stays calm. So, yesterday:

  • Two major icons passed away

  • Bernanke bailed himself out

  • Still-capacity-constrained (for now) PALM reported a big quarter last night
  • The market shook off some bad jobs numbers yesterday
  • Oil won't go down

It's going to be 90 degrees in NJ today. It was only 80 in NYC yesterday and I was sweating like a pig.

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