Miscellaneous

Deluge Just Getting Started? Boy, the market boomed yesterday. What caused it? I guess it depends on your perspective. Maybe you think the governments have now coordinated a plan to save the world economy, so the market will improve with the improving world economy. If so, you're naive

Top Bishops If you missed it last week (it was flying around the Catholic blogosphere), there is now a American Catholic Hall of Fame. I'm not clear on when the Hall started, but they inducted their first bishops earlier this month [http://www.thegregorian.org/blog/hall-of-fame-greatest-american-bishops]. Here&

QE3 v. Wine Stocks surged yesterday on news that Bernanke was ready to unleash Quantitative Easing Part 3 (parts 4, 5, and 28 are presumably also on the runway). But at least one indicator says stocks are ready to plunge anyway [http://www.zerohedge.com/news/fine-wine-rolls-over-are-stocks-follow]: The fine wine

"Foster those noble thoughts, those incipient holy desires . . . A single spark can start a conflagration." Escriva

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What a good year it's been. Plenty to be thankful for, little to be upset about. Here's the plate of quotes I like to present every year on this day: “Gratitude is a fruit of great cultivation; you do not find it among gross people.” Samuel

Time to Melt? Thoughts triggered by this piece: Wall Street Analysts Everywhere Are In Agreement: THE WORLD IS ENDING [http://www.businessinsider.com/apocalyptic-analyst-notes-2011-11]. After the sharp drop in stocks Friday afternoon, the bears were out in force this weekend. I suspect things will be fine, at least for this