Tuesday, January 08, 2013

Two things with the equity market

It may really be one.  First, Tim Cook cannot be Steve Jobs and he cannot pretend to be, black shirts and jeans and all.  Jobs had this aura of confidence that few people have, and with all of the hooked devotees of Apple, its growth will slow.  The stock is a bargain now, but do the stupid non-corporate finance thing and break it up, the stupid market will begin to short, long, and trade it more.

It was said one, with Apple being the first.  All of this fiscal cliff wrangling did little or nothing, maybe minus nothing, for our economy.  Ship Eric Cantor and Harry Reid off to Afghanistan for some special mission and we may be better off.  


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