The! Biggest! News! of! the! Day! - Not Exploding Batteries
Here are some of the contenders for today's biggest...news...of...the...day...
- Word that Dell (DELL) is going to recall a few million laptop batteries because every once in a while they smoke and catch fire...
- Home Depot's (HD) better-than-expected earnings but less-than-stellar outlook...
- Earnings from Wal-Mart Stores (WMT) that showed "its first decline in earnings in a decade"...
- A lower-than-expected producer price index (PPI) that sent stock futures popping higher...
While those are all stories worth watching, I think it is obviously clear that the biggest story is the relieving and magnificent news that "Wall Street bonuses will rise 15 percent this year"...I know that I will sleep a little better tonight knowing that the Street is being taken care of...


No comments:
Post a Comment