Friday, March 30, 2012

A Few More Things To Consider

*According to CNBC money continues to flow out of equity mutual funds and ETFs and into bond funds.  {At these low interest rates this fact is simply unbelievable to me!}

*Again according to CNBC consumer spending reaches its highest level in 8 months.  {This to me makes sense as all the data suggests that the economy is improving and therefore consumers probably feel better about opening their wallets.

*The Atlantic: Wall Street Thinks It Knows The Future of Obamacare:  Article suggests rising recent prices in health care stocks means Wall Street is betting on at least partial failure of bill.  {The mandate forcing individuals to buy a service has always struck me as dubious.}

*Smithsonianmag.com: Richard Clarke onWho Was Behind the Stuxnet Attack.  {Some of what is happening with computers and the internet is really scary material, makes the errant moves of the markets look like child's play over the past few years.  More telling perhaps though is how much we spend via national defense/security now on cyber warfare!}

*Finally:  Your chances of winning tonight's $540 million lottery jackpot are 1 in 176 million.  {Good luck with that!  Still gonna buy some tickets anyway!}