The Onion on Obama’s Obsessive Supporters
By Barry Ritholtz - November 6th, 2008, 8:30PM
Macro Notes
Corporate credit markets feeling the correction tooPeter Boockvar
The equity market correction over the past few weeks due to sovereign credit concerns on top of China policy tightening moves, mixed US economic data and a raised bar of earnings expectations has also gotten around to the credit markets over the past few weeks. Today, the investment grade CDS index is at 105 bps, up 4 from Friday and vs 84 bps two weeks ago. It was last at this level in late Nov in response to the news that Dubai was requesting a standstill agreement on their debt obligations. The KDP high yield index is rising to the...
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November 6th, 2008 at 9:54 pm
Check out the tagline right at the very end, after the second ad:
“Dow Jones plunges on news of Dow Jones Plunge”.
Awesome.
November 7th, 2008 at 12:07 am
Really great. I guess it will balance out with my Republican friends that I sent them this earlier today about Palin not even knowing that Africa is a continent:
http://www.theregister.co.uk/2008/11/06/palin_and_africa/
November 7th, 2008 at 12:14 am
I just noticed an odd thing. I read the post, commented and then went to another site. When I came back to the home page of the blog, this entry was missing. I refreshed the page: no change. The post appears in the sidebar link to “recent posts, but the only way to get to it is through that link.
Anyone else see anything like this?
November 7th, 2008 at 8:42 am
Yes, there has been some posting flakiness.
November 7th, 2008 at 8:27 pm
It was funny but that’s what true political change is made of, mass obsession.