And if you lose a client because you’re not a gunslinger or because you’re not being aggressive enough in a market melt-up, then guess what – that client is eventually going to find the guy who will blow him up properly, just the way he wants it. (WSJ)
Whenever the market dives, the bears grow wings:
Europe’s debt crisis is a “more serious” situation than the housing bubble – GM CEO: (Bloomberg)
At least a 10%-15% decline in the S&P 500 from current levels (WSJ)
Looks like the S&P500 fell through the technical support discussed here.
One a side note:
Have PhD but no job? Go East (young) man! (Vivek Wadhwa)
Follow me on twitter: @SunderStockViz