Marketplace Index for Thursday, February 2, 2012
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Robert Pavlik, the chief market strategist at Banyan Partners in New York, says he's getting calls, emails and even letters from clients asking if they can get in on the $75 billion Facebook IPO. "Everybody and his mother wants a piece of this deal," says Pavlik. "The honest to God answer is that you're probably not going to get some unless you've been doing a tremendous amount of commission business with one of these big institutional-type firms." The Pulse is up today on news that the American worker is finally running out of productivity bandwidth, which could mean it's time for companies to hire if they want to increase output.