Friday, July 24, 2009

Perspective and Good Fortune

"If there must be trouble, let it be in my day, that my child may have peace."

Thomas Paine, The American Crisis, No. 1, December 19, 1776

I was thinking this morning how fortunate my kids are that the worst recession likely to happen in their their lifetimes will be over before they get to high school.


This market really needs a break and last night was the first of this earnings season that lots of reports were worse than expected. Add to those facts the possibility that the Tri State Area is possibly more corrupt than the writers of the Sopranos thought and the path of least resistance today has got to be down. I'll just stay out of the way.

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