http://newsfrom1930.blogspot.com/2009/08/favorites-of-week-august-25-august-30.htmlThere's a large amount of money on sidelines waiting for investment opportunities; this should be felt in market when “cheerful sentiment is more firmly intrenched.” Economists point out that banks and insurance companies “never before had so much money lying idle.”
Cool blog: News from 1930
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Cool blog: News from 1930
Each day the guy reads the WSJ from the corresponding day in 1930 and posts summaries. I liked this catch, from the "Strangely familiar dept":
I've never met a retarded person who wasn't smiling.