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Friday, February 29, 2008

If it wasn't for bad news...

by Ryan Teeples

There's an old blues song called "Born Under a Bad Sign," (can anyone name the original artist?) that contains a classic line:

"If it wasn't for bad luck, I wouldn't have no luck at all."

(I embedded a youtube video of Cream performing it here:http://www.pfxglobal.com/index.php?o...192&Itemid=188)

I'm a news junkie, and as I opened and read the rags this morning, I became more and more depressed. As an investor, businessman, wannabe economist and American, I was overwhelmed with bad news. I found myself singing:

"If it wasn't for bad news, I wouldn't have no news at all."

The economy is tanking, inflation is rising, nobody is buying debt, and worst of all, politicians think they can/should fix it.

So I decided to be light in my analysis today, and blow off a little steam. I marked up my news page (don't worry, it was dry erase, so it will come off my screen) and I'm posting the news, and my comments below.

BTW: It's a sad day when the only good news is about turning crap into energy.

Some good news is, all the videos, education and analysis at www.pfxglobal.com is 100% free. Check it out!

Here's my morning news:

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