photo by mike138
Quote for the day:
"It's sort of a little poetic justice, in that the people that brewed this toxic Kool-Aid found themselves drinking a lot of it in the end."
- Warren Buffet yesterday at the Canadian launch of corporate-news firm Business Wire
In the news:
Initial jobless claims decreased by 22,000 to 356,000 in the week ended Feb. 2, from a two-year high of 378,000 a week earlier. The median estimate of economists was 342,000.
Pending home sales fell 1.5% in December compared to November versus forecast of a 1% decline. New home sales fell to the lowest level in 12 years. Sphere: Related Content
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