Beltway Traffic Jam
The Monday linkfest:
- Dodd Harris writes on complaints that Ashcroft is too overzealous protecting privacy.
- Barry Ritholtz explains why the economy is heating up.
- Spoons agrees with WFB and me that GWB is jumping the gun on 6/30.
- Mark Hasty explains why some guy I’ve never heard of is better than Jim Rome. I agree.
- Venomous Kate went snark hunting over Easter.
- Jen has devised a sick scheme to avoid Beltway traffic.
- Michele Catalano has something she wants to get off her chest.
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Be careful when reading Market Commentary — mine especially — for there is very often a disconnect between short term moves caused by technical or sentiment factors, and actual economic issues which may or may not underlie the markets.
Also remember, markets are future discounting mechanisms — so by the time positive economic news is known, its often way after the market has made its initial foray higher.
Hey, if it was easy, everyone would be rich!
I only wish it had been a scheme just to get out of traffic. Alas, I’ll be taking this sore throat on a long drive tomorrow.