What happened to Autumn? It seems we went straight to Winter from Summer. Anyway, turn down the thermostats, put on a heavy sweater and put up a mug of hot cocoa, get ready to turn those clocks back — you have one hour
less more this weekend to enjoy these — here’s a look at some items worth perusing:
• Construction materials are yet another category of goods going up in price: Gypsum, asphalt, insulation, lumber, steel and copper products, PVC plastic, concrete. And that’s before you factor in the 50 percent surge in Diesel prices;
• The Apprenticed Investor continues this week with advice on not getting killed in a "fiasco" stocks: Protect Your Backside;
• What I find intriguing about the whole sordid Plamegate affair isn’t the alleged INTEL failure — it was the total breakdown of Strategic planning;
• Here’s a question for Real Estate Buyers: Why are you still paying 6% commissions?
• The Economist asks: What’s to stop India and China?
• "Meltdown. It’s one of those annoying “buzzwords." We prefer to call it an unrequested fission surplus." So too, with Bernanke’s so-called Savings Glut semantics.
• A clever promotional idea from Bank of America: Keep the Change; (I wonder how long it will take for someone to figure out how to abuse it?)
• My Bad: The morning of the Bernanke nomination, I told CNN he was more John Roberts than Harriet Miers. I thought that was clever — until it bounced through the MSM reflection chamber, turning into an instant cliche . . . My humble apologies for the whole foolish phrase.
• Wharton Prof Jeremy Siegel thinks High Gas Prices may be a Blessing in Disguise
• We have talked about the strain middle and low income consumers are under due to high fuel costs; But did you know that the Wealthiest are under an increasing financial strain? (There are some caveats to this);