A spoonful of sugar…
TGIF and sayonara to another wacky (and vertigo-inducing) week.
Here’s the M-F tally for the Dow:
Monday: Up 936
Tuesday: Down 76
Wednesday: Down 733
Thursday: Up 401
Today: Down 127
(Add up the downs and they equal Monday. So Thursday’s the bonus.)
We can argue over whether the Dow is the best indicator of what’s going on . You needed one of these to ride the S&P 500 and Nasdaq, too.
But if you’d like to end the week on an up note, I have three — count ’em three! — treats for you.
The Oracle of Omaha has spoken — or at least written an op-ed in the New York Times about why he’s decided now’s the time to get into equities.
Kiplinger’s has this list of 10 Things That Are Going Right.
(Shameless plug alert) We’re dedicating the entire hour of this weekend’s Marketplace Money show to the question of “Who Can You Trust?” Your bank? Your broker? Your mutual fund company? Hard to put your faith in any of them these days. We’ll look at who’s backstopping the backstop (the FDIC), what to do if you’re having trust issues with your financial planner, how to know if your insurance company is the next AIG, and we’ll hear from some veteran investors at a barbershop in Jefferson City, Missouri, who say we have no choice BUT to trust.
Hope you’ll join us… and then come and tell us who YOU trust… and who you don’t.
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