Interesting look at the returns by region Nikko Citigroup Japan:
TOTAL RETURN PRICE TRENDS BY REGION (AGAINST GLOBAL PRICES)
click for larger chart
Source: Nikko Citigroup Limited, Equity Strategy
Its quite revealing . . .
Tech’s Backdating Blues (WSJ)
BARRONS New Tech blog (free)
Quote of the Day
"If all the economists in the world were laid end to end, it wouldn’t be a bad thing."
— Peter Lynch
RM subscribers can read this: Get the ‘Peter Principle’ Right
If no RM sub, see this PBS frontline interview