Futures more or less indicate a bad day today, the oil price broke record after records, the housing loan crisis deepens and inflation is up. Frankly not much joy, at least to me but it seemed the stock market is taking it in stride, at least for yesterday. I am more concerned about how Yahoo is doing, the left over optimistic crowd who are still hoping from a Microsoft change of heart can basically said good bye with Bill Gate’s speech that at least for the time being Microsoft is not considering Yahoo. Yahoo may prove to be less valuable to Google with Microsoft out of sight. Interesting to see how its share prices go.
Futures Indicate Dow Down
By Finance in Futures Indicate Dow Down
May
7